• Other structures associated with the dwelling

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    Other structures associated with the dwelling Other structures associated with the dwelling Other structures associated with the dwelling Other structures associated with the dwelling A flat or home unit often includes areas such as a laundry, storeroom or garage that are physically separate from the flat or home unit. As long as these areas are used primarily for private or domestic purposes in association with the flat or home unit for the whole period you own it, they are exempt from capital gains tax on the same basis as the flat or home unit is exempt.

    If you dispose of one of the structures separately from the flat or home unit, it is no longer exempt and you may have to pay tax on any capital gain made when a CGT event happens.

    Last modified: 18 Sep 2009QC 18323