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Treating former home as main residence

Posted by Team AVS on 17 Sep, 2025  0 Comments

How the CGT main residence exemption and 6-year rule apply when you move out, and how to include it in your tax return.

How it works

Your main residence (your home) is generally exempt from capital gains tax (CGT).

Usually, a property stops being your main residence when you stop living in it. However, for CGT purposes you can continue treating a property as your main residence:

for up to 6 years if you used it to produce income, su

Income thresholds and rates for the private health insurance rebate

Posted by Team AVS on 5 Sep, 2025  0 Comments

Find out the private health insurance rebate income thresholds and rebate percentage rates. Income thresholds The private health insurance rebate is income tested. This means that if your income is higher than the relevant income threshold, you may not be eligible to receive a rebate. Your rebate entitlement depends on your family status on 30 June. Different thresholds apply depending on whether you have a single income or a family income. Wh

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