83609
Recorded Webinars
Recorded Webinar: Taxation of Principal Place of Residence
Though the principal place of residence is usually exempt from income tax and land tax, there are various exceptions to the rule. This session considers the stumbling blocks that can arise for taxpayers seeking to rely on a principal place of residence argument, including:
Is t
PRESENTED BY
Rachel O’Donnell
Special Counsel – Head of Indirect Tax, Hall
Date/Time
About the Webinar
Though the principal place of residence is usually exempt from income tax and land tax, there are various exceptions to the rule. This session considers the stumbling blocks that can arise for taxpayers seeking to rely on a principal place of residence argument, including:
- Is the PPR held by the appropriate person? Mingos v Commissioner of Taxation [2019] FCA 834
- Can a residence be an exempt PPR even if the owner is not currently living there?
- ‘temporary absence’ rules for CGT and land tax purposes
- land tax refund for newly built or substantially renovated home – how many years can be refunded?
- Can the PPR exemption apply for foreign persons?
- liability for land tax versus land tax surcharge
- Can a taxpayer be a non-resident for income tax purposes but hold a PPR for land tax purposes?
- Can a person who lives in a house for the purpose of ‘flipping’ by renovation for profit, claim the PPR concession/exemption for income tax and land tax purposes?
- Size and title restrictions, and other tips and tricks to bear in mind.
Presented By
Rachel O’Donnell
Special Counsel – Head of Indirect Tax, HallWho Should Attend?
This webinar is suitable for accountants and lawyers advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]