The Government may reduce the 50% CGT discount in the May 2026 Budget. Here is what is on the table, who is most exposed, and what Australian expats should do now.
Main residence CGT exemption changes may not proceed
Latest Update: 5th December 2019 – Unfortunately today the Federal Government passed the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 into law without amendment, resulting in the scrapping of the main residence exemption for non-resident Australian expats. To read more about …