The CGT implications of subdividing and building on the family property

Dianne KennedyAccounting and Tax, Asset Protection, Blog, Tax

Given the state of the property market in Australia these days, a not-uncommon situation can arise where a residential property owner seeks to demolish and subdivide the block containing the family home and build residential units. If you have the available land of course, the above is a solid strategy. However it can cause headaches from a tax perspective — … Read More