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Taxduck(Taxicorn)Taxicorn
20 Apr 2026

CGT discount guidelines in link

CGT discount | Australian Taxation Office

Both to apply for discount

  • "you owned the asset for at least 12 months
  • you are an Australian resident for tax purposes."


Partial exemption calculation for CGT is below. Valuation of property when you move back in is not used in any CGT calculation. It is sale price (or market value on disposal)

Partial exemption | Australian Taxation Office

See cost base elements

Cost base of assets | Australian Taxation Office


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Kay2025(Initiate)Initiate
21 Apr 2026

Both to apply for discount

  • "you owned the asset for at least 12 months
  • you are an Australian resident for tax purposes."

Please confirm point 2 in bold is the residency status at the point of sales as I have understood. TQ.




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RE: Do I qualify for the 50% CGT Discount? | ATO Community