Thats was a good summation guys. Melissa got away with this fraud in Australia, (30 million - is not the most someone has defrauded in Australia). Whats to say she hasnt hid money offshore, do you know a good forensic accountant, I wonder whether ASIC did this?
Hi Guys, sorry not related to this video. I saw your video on selling home and exempts from CGT. Have some question - For example - If I sell property in Oct 2022 my main residence (where I lived since 2014) Only have one residence So after selling this property and I decided to move to overseas …. So I still pay EXIT TAX….. I am Australian citizen Have this property since 2013 (never rented - always living in this property ) And have one investment property in Brisbane (renting) Do I still have to pay tax if I move overseas And May live there temporarily like 8 months and then come back or May be decide to stay there indefinitely? Thanks for your help.
Hey hey check out the 6 year rule main residence rule. If it all checks out and you are eligible then it maybe exempt from income tax FYI don’t treat this as tax advice and best to pay for a consultation with an accountant to get this right. Thank you :)
