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Property

Capital gains tax property exemption tool
If you had sole or joint ownership of a property that you sold or are going to sell (or otherwise dispose of), this tool will help you work out what portion of your capital gain is exempt from capital gains tax.
Damaged or destroyed property
If your personal use assets – such as your home or household goods – are damaged or destroyed in a disaster, there will generally be no tax consequences. However, if your income-producing assets are damaged or destroyed, you will need to work out the correct tax treatment of insurance payouts you receive and your costs in rebuilding, repairing or replacing the assets.
Property
Your home is generally exempt from tax. If you have an investment property, build or renovate for profit, or use a property in the running of a business, there may be implications for income tax, capital gains tax and goods and services tax (GST).
Tax-smart tips for your investment property journey