CGT exemption Archive

Property

Is your family home really tax free?

"Is my home tax free?" It's a common question for Australian homeowners. This article delves into the complexities of the main residence exemption, explaining when your family home might be subject to capital gains tax and how to navigate the rules.

Property

The controversial case of the taxpayer who claimed a loss on their home

Explore the intriguing case where a taxpayer claimed a loss on a home sale as a tax deduction, challenging standard property tax norms and the ATO's view.

Strategic Financial Advice

An overview of the main residence CGT exemption

Generally, a property, including a taxpayer's main residence, ie their family home, is considered to be a Capital Gains Tax (CGT) asset.

BlogSmall BusinessTax

Employers exempt from FBT for retraining employees

Employers who deliver training to employees who are to be made redundant will now be exempt from fringe benefits tax after the legislation passed through Parliament.

Why you landed here

Phillip Anthony Partners joins Paris Financial East Melbourne

We are pleased to share that the team at Phillip Anthony Partners have merged with Paris Financial. Our team at Paris Financial can provide you with a large range of quality financial services with over 65 people located across two convenient locations in Blackburn and East Melbourne.

Paris Financial shares the same philosophy as Phillip Anthony Partners of providing a value focused and high quality service for each of our clients. We look forward to assisting with your accounting needs.