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craws59(Newbie)Newbie
22 June 2023

I signed a contract for a land/build package off the plan in Feb 2022

The land settled in Oct 2022

The house commenced being built in Mar 2023

The expected completion date is Sep 2023

If I sell the home instead of renting out, am I entitled to the 50% discount CGT?

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1 replies
251 views
1 replies

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AriATO(Community Support)Community Support
27 June 2023

Hi @craws59


Yes as long as you meet the criteria for the discount. The 12-month ownership starts from when you signed the contract. Have a look at a similar question we answered for more details.


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