Viewing 2 posts - 1 through 2 (of 2 total)
Hi I am new to this forum, I tried the search function but no immediate luck.
I had a question regarding CGT. I currently own a property and am looking at building single or duplex. In regards to CGT selling after 12 months only 50% of the profit is taxed (is this correct?) So for new home do they calculate the 12 months from time of laying slab or lock up?
Hope I am making sense.housemouse,
It is from the time you bought the land unless the land is pre 85.If you can BAN TACS at least minimise it legally
Viewing 2 posts - 1 through 2 (of 2 total)
You must be logged in to reply to this topic. If you don't have an account, you can register here.
