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Q: My husband and I are both Australian citizens, but we moved to the UK 8 years ago and are no longer Australian residents for tax purposes. Will we be able to access the 50% discount, and what rate will the gains be taxed?
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Q: I completed a subdivision development of two units. We sold the rear unit and moved into the front unit. If we decide to sell, what amount of CGT should we expect to apply for the front unit where we currently reside?
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Q: I was always under the impression that depreciation was only for new homes. However, I recently read in this magazine that older homes can attract good depreciation benefits as well. What kind of depreciation schedule would I be able to get on my property?
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