Search Results | Showing 1 - 10 of 11 results for %22Granny flat%22 |
| | ... the budget announcement that the government would provide a targeted capital gains tax (CGT) exemption for formal granny flat arrangements. Assistant treasurer Michael Sukkar under the measure CGT will not apply to the creation, variation or termination ... |
| | | ... support older Australians and their families by providing a targeted capital gains tax (CGT) exemption for formal granny flat arrangements. The new measure will also apply for people living with disabilities. Prior to the exemption, families faced a ... |
| | | The Board of Taxation has commenced a review into the tax implications of granny flat arrangements. The board has recently consulted with stakeholders from within the Government including the Department of Social Services, Department of Human Services ... |
| | | ... only counted in the last five years, so from between 60 and 62 give away half your money to your children and build a granny flat or upgrade your home and become a part pensioner," he said. "And this will be the sensible investment strategy. People will ... |
| | | ... majority were living outside of aged care facilities. "Not surprisingly, clients are seeking advice about establishing granny flats with their children or grandchildren, moving into a retirement village or land lease community and accessing home care ... |
| | | The Federal Government has requested the Board of Taxation conduct a review of the tax treatment of granny flat arrangements and outline potential reforms to assist the prevention of elder abuse. Under existing tax laws, a homeowner may have to pay ... |
| | | ... received empowers them to make an informed decision. "In cases like this, a lot of financial advisers will recommend a granny flat arrangement for Centrelink purposes, but then legal advice might not be sought. The fact that there was a financial adviser ... |
| | | ... retirees to consider taking out a reverse mortgage, downsizing, renting, moving into a retirement home or building a granny flat. "Financial planners will be on the frontline and need to prepare themselves now for a wave of enquiries and requests for ... |
| | | ... parents financially in retirement have made a change to their own housing situation to do so, whether through building a granny flat for one or both of their parents (17.9%), moving in with their parents (17.8%), or moving into a smaller dwelling (15.3%). ... |
| | | ... as long as there are no withdrawals. People who are assessed as home owners who moved into a retirement village or granny flat will also have access to this exemption but it is not proposed to be available to those moving into residential aged care. ... |
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