P paperclip Registered User Messages 336 28 Feb 2019 #1 Hi, just looking for some clarification about the CGT annual exemption of 1,270. Selling a property which I owned for 14 years, but lived in for 6, so 6 years exempt. Does this also mean my annual exemption is 6 x 1,270 (7,620)? Or is my exemption just 1,270? Cheers
Hi, just looking for some clarification about the CGT annual exemption of 1,270. Selling a property which I owned for 14 years, but lived in for 6, so 6 years exempt. Does this also mean my annual exemption is 6 x 1,270 (7,620)? Or is my exemption just 1,270? Cheers