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50% cgt discount 12 months from exchange or settlement?

Discussion in 'Accounting & Tax' started by shelleykins, 26th Jul, 2015.

  1. shelleykins

    shelleykins Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    47
    Location:
    nsw
    Hi just wondering when the 12 months cgt discount starts from. If it's settlement can you have a long settlement period without implications?
     
  2. MikeLivingTheDream

    MikeLivingTheDream BCOM MCOM MTAX CPA CTA Registered Tax Agent

    Joined:
    24th Jun, 2015
    Posts:
    227
    Location:
    Philippines
    Exchange of contracts for cgt events