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In this episode, Mena and Stuart unpack the ins and outs of Australia’s often misunderstood 6-year CGT exemption rule for main residences. They explore how this powerful tax concession can help homeowners maximise profits when selling a property they no longer live in, particularly those who rent it out after moving. Listeners will learn the exact eligibility criteria, including how to ensure a property still qualifies as your main residence for tax purposes even while it’s earning rental income.

Stuart explains how the exemption resets if you move back in, while Mena walks through common scenarios, including how a full exemption applies if the sale occurs within six years, and how pro-rata tax is calculated if you exceed the threshold. They also highlight important strategies such as resetting the 6-year clock, obtaining accurate property valuations, and the critical CGT implications for couples with multiple properties.

The conversation also covers mistakes to avoid, like poor record keeping, incorrect main residence elections, and confusion around land tax. Finally, they issue a clear warning for expats: non-residents lose access to the CGT exemption entirely. It’s a must-listen for any property owner looking to sell smart and avoid unexpected tax bills.

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

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SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

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In this episode, Stuart and Mena take a deep dive into one of the biggest and often most misunderstood taxes investors face, Capital Gains Tax (CGT). Whether you're dealing with property, shares, or business assets, they explain why the smartest CGT strategies begin not at the point of sale, but before you even buy the asset.

They start by breaking down how CGT works, who gets the 50% discount, and why holding structures, like companies, individuals, or discretionary trusts, make a huge difference in the final tax bill. Mena explores how to maximise your cost base by tracking all deductible expenses, while Stuart walks through the power of discretionary trusts to stream gains and reduce tax across beneficiaries.

Listeners will also learn about the generous small business CGT concessions, how to use financial year timing to their advantage, and when it may make sense to hold assets in a company structure. The duo highlights real-world examples, including property strategies that stagger gains over multiple years, and tactical planning tips for EOFY.

This episode is a must-listen for anyone wanting to reduce or eliminate CGT and understand why strategic ownership from the start is the real secret to long-term tax efficiency.

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.

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In this episode, Mena and Stuart unpack the latest tax updates for the 2025–26 financial year, helping listeners navigate changes that could impact their personal finances and business planning. They kick off with the Super Guarantee (SG) increase to 12%, highlighting what this means for employers and employees alike. Next, they discuss the end of deductions for ATO interest charges, a significant shift that removes tax relief on General Interest Charges (GIC) and Shortfall Interest Charges (SIC) from 1 July.

Listeners will learn about the $150 energy rebate, a 30% home battery discount, and the extended $20,000 instant asset write-off, with a caution that this may drop to $1,000 next year. Mena and Stuart also cover PAYG withholding cycle adjustments, Victorian payroll tax threshold increases, and changes to luxury car tax for fuel-efficient vehicles.

With the Transfer Balance Cap (TBC) rising to $2 million, the duo explains opportunities for superannuation strategy ahead of retirement. They also remind businesses of upcoming reporting deadlines, including Single Touch Payroll (STP) finalisation by 14 July and PAYG variations. It’s a must-listen for staying informed and proactive with your 2025–26 tax strategy

If this episode resonated with you, please leave a rating on your favourite podcast platform. It helps us reach more incredible listeners like you. Thank you for being a part of the journey!

Click here to subscribe to our weekly email.

SPECIAL OFFER: Buy a one of Stuart's books for ONLY $20 including delivery. Use the discount code blog here.

Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.

Follow us: Stuart: Twitter/X and LinkedIn. Mena: LinkedIn

IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.