CGT discount - properties held over 12monthe

Discussion in 'Accounting & Tax' started by ACH123, 23rd Jun, 2019.

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  1. ACH123

    ACH123 Active Member

    Joined:
    7th Jun, 2019
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    Location:
    Gosford
    Have a question about CGT tax discount for properties held for over 12 months.

    Does the discount apply based on:

    - 12 months between sale of contract? Or
    - 12 months before settlement dates

    Thank you
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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