Main Residence Exemption

Main Residence Exemption
This webinar provides comprehensive coverage of the core tax compliance requirements pertaining to the family home as a real property asset, including relevant tips and traps to be aware of relevant to the same.

Topics covered:

  • Income tax effect pertaining to real property transactions in respect of the family home
  • CGT events relevant to in respect of the family home
  • Treatment of real property disposals pursuant to a profit-making undertaking
  • Application of the 50% general discount
  • Implications of the family home in different vehicles (e.g. partnerships, trusts and companies)
  • Application of the small business CGT concessions disposal of the family home
  • Application of the main residence exemption on disposal of the family home
  • Tips, traps and planning strategies relevant to income tax, CGT and GST on real property transactions

By the end of this session, participants will have a strong understanding of the application and effect of income tax and CGT on real property transactions pertaining to the family home. 

Presented by: Peter Adams
Peter has an undergraduate degree in law and a Masters degree in taxation law from the University of Melbourne. He is a Chartered Tax Adviser and Fellow of the Tax Institute of Australia and has more than 22 years experience as a tax professional. This included senior tax roles, in both the profession and in commerce, with KPMG and PricewaterhouseCoopers, and was later the head of tax for BNP-Paribas (Australia and New Zealand) as well as Chase Manhatten-Ord Minnett. He has also filled the role of senior tax trainer with the Institute of Chartered Accountants, Webb Martin and Kaplan, and has been a member of TaxEd’s technical advisory panel for the past four years. More recently Peter has founded his own boutique practice focussing on providing tax consulting and tax training services in the SME market. He has a wealth of tax knowledge and is a sought-after presenter on a wide array of tax topics. 

CPD hour:

Non-member price: $110 
Member price: $90

If you have no account with us, please create one to sign up for the event. It will only take you 5 minutes. 
21/09/2017 12:00 PM - 21/09/2017 1:00 PM
Online, Australia

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