The CGT main residence exemption is a significant concession under the income tax laws. However, the provisions are deceptively complex. Taxpayers may not always appreciate the numerous ways in which a full CGT exemption on the sale of the family home can be obtained (as well as inadvertently lost due to periods of absence, demolition, or death).

Rob, Neil, and Edward will consider the following:

• “basic” eligibility criteria and qualifications;

• the significance of “adjacent land” for primary producers;

• retaining the CGT main residence exemption when you are demolishing or subdividing your family home;

• impacts on death and inheriting a dwelling from a deceased; and

• absences including issues for foreign residents in light of the recent legislative changes.

Who should watch
Financial planners, tax agents, accountants, lawyers, executors, and others interested in the application of the CGT main residence exemption.

Level of expertise
This webinar is for persons with some experience or interest in the CGT main residence exemption and who are looking to improve their knowledge.

---

Presenters

Neil Brydges
Principal Lawyer
Accredited Specialist in Tax Law

Neil is a Principal Lawyer in the business law area, with a particular focus on taxation advice and disputes.

Taxation law is a complex area. Neil’s aim is to provide technical expertise to clients, commercially applied and in a friendly and approachable manner.

Neil’s practice involves advice, audits, disputes, and transactions. The client mix includes both family groups and business enterprises. Neil also regularly assists professional advisors, including tax agents, accountants and financial advisors, to understand complex legal issues and help them to better assist their own clients.

Neil is a Chartered Tax Advisor with The Tax Institute and accredited as a specialist in taxation law with the Law Institute of Victoria.

Rob Warnock
Principal Lawyer
Chartered Tax Adviser

Rob helps accountants, businesses and individuals on federal and state tax related matters. He has more than 30 years’ tax advising experience and works closely with accountants and their clients helping them to obtain the best possible tax outcome.

Rob has a particular interest in liaising and negotiating with the Australian Taxation Office (ATO) and State Revenue Office (SRO) in assisting clients resolve their tax disputes.

Rob is a sought after speaker due to his clear and easy to understand style and has written and presented many practical papers at conferences. He has represented professional associations and taxpayers on ATO and Treasury tax consultation committees.

Edward Hennebry
Associate

Edward is a Tax Associate in the Business Law team at Sladen Legal. 

Edward has a particular interest in managing tax audits and disputes, having commenced his career in the ATO’s Tax Counsel Network and Review and Dispute Resolution business lines. 

Edward’s understanding of the mechanics of the tax dispute and resolution process, and the avenues available to taxpayers to contest ATO scrutiny, has assisted him to obtain favourable outcomes for his clients when dealing with the ATO, as well as mitigating penalties and interest.

Edward has worked in a number of large accounting and national law firms, enabling him to diversify his knowledge of prevalent tax and commercial issues that affect private clients and family groups across a wide range of industries.