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Thousands of Australian expats face tax slug under changes to CGT main residence exemption

Australian property owners living overseas have until the end of June to sell their homes if they want to avoid big capital gains tax bills.

Thousands of Australian expats face tax slug under changes to CGT main residence exemption
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  • Shared by the ABC
  • •
  • January 02, 2020
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  • 1 minute read
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Thousands of Australian expats face tax slug under changes to CGT main residence exemption

For decades, Australians living abroad have been able to claim the capital gains tax (CGT) exemption on the family home.

Read more at the ABC.

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