Miscellaneous 2022

Main residence exemption: is it the devil or an angel in the details?

Source: Victoria

Published Date: 21 Jul 2022


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A person's main residence in many cases is their most significant asset. The tax concessions available on a main residence are arguably the most generous in the tax legislation. However, in some cases, actions, inactions, or wrong decisions can result in the main residence exemption being lost in whole or part. Against this background, and in the context of the main residence exemption, the presenters address:
  • Deriving income from a main residence
  • Demolishing and rebuilding
  • Relationship breakdowns
  • Asset protection
  • Succession and deceased estate issues and;
  • Foreign residents

Individual Session

Main residence exemption: is it the devil or an angel in the details?

Author(s): Edward Hennebry , Neil Brydges CTA



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Miscellaneous 2022

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