Blog

Like everyone you would like to have more money in your pocket, so you decide to rent out a room or even your whole house. You have heard about Airbnb and decide ‘What a great idea’. A bit of extra cash would come in handy! So, you think – I will pocket the extra moneyRead more

Bob Dylan said it best ‘For the times they are a-changin’. There was a time when you knew that if you bought an asset, held it for at least 12 months and then sold it, you would only pay tax on 50% on the capital gain, this has been the norm since 1999. But nowRead more

MAIN RESIDENCE EXEMPTION Have you sold your home or looking at selling your home and unsure of the tax consequences? Can the main residence exemption be applied to reduce and/or remove the Capital Gains Tax on the sale? What is it? The main residence exemption applies to a taxpayer’s dwelling that was owned by anRead more