The Government will extend the CGT relief for special disability trusts announced in the 2010 Budget by:
- Providing a CGT exemption for assets transferred into a special disability
trust for no consideration
- Backdating the application of the CGT main residence exemption to
- Providing a CGT exemption for the recipient of the principal beneficiary’s
main residence, if disposed of within two years of the principal
- Ensuring equivalent tax treatment of special disability trusts under
If you have any questions, do not hesitate to contact Owen Hodge Lawyers on 1800 770 780.