Granny Flat Gains

Granny Flat Gains

Removal of CGT will bring two major benefits On 5 October 2020, the Treasurer, Josh Frydenberg, and the Minister for Housing and Assistant Treasurer, Michael Sukkar, announced1 the removal of Capital Gains Tax (CGT) from granny flat arrangements. “Under the measure, CGT will not apply to the creation, variation or termination of a formal written granny flat arrangement providing accommodation for […]

Read more