Property Subdivision Web Series - Part 1
Recorded 14 August 2025 - Income tax and CGT issues
Navigating the revenue / capital distinction
Reduce the risk of an ATO challenge
Managing the tax consequences in practice
Recorded 14 August 2025
As the urban sprawl continues in most major Australian cities, practitioners are often asked to advise on the tax treatment of subdivision projects. Before clients jump in and commit to anything, it is important to understand the tax liabilities that might arise from these projects.
Unfortunately, many clients make incorrect assumptions about the way their project will be taxed, often believing that any tax exposure will be minimal. However, the reality is that there are a number of important tax issues that need to be considered and that could have a significant impact on the overall profitability of the project.
The Property Subdivision Web Series delivers the knowledge you need to work with and advise clients initiating subdivision projects.
Total 1.25 CPD Hours
The Property Subdivision Web Series walks you through the tax and GST implications of subdivision projects - essential training for any client-facing accountant.
Session 1 of the series focuses on income tax and CGT issues including:
- Why the revenue / capital distinction matters so much
- The practical factors that need to be taken into account to reduce the risk of ATO challenge
- The unexpected outcomes that can arise from partitioning arrangements
- How to calculate the capital gain or loss from the project or figure out the profit that should be taxed on revenue account
- Switching from capital to revenue account
- When the main residence exemption can and cannot be applied
Michael Carruthers
Tax Director, Knowledge Shop
Michael is an adviser, author, in demand presenter, mentor to Knowledge Shop’s technical team, and is well known for his capacity to translate highly technical information into tangible and useable advice for the profession. He has a knack for seeing through the complexity and helping advisers work through highly technical issues with certainty and accuracy.
Michael works with advisers every day to help them negotiate and implement the constant tide of change impacting the industry. He was a long-term member of the advisory panel for the Board of Taxation and was a member of the reference group for the Board’s review of small business concessions.
He was also an expert panel member for the Board’s review of tax impediments facing small business.
Property Subdivision Web Series - Part 1
Tax & Accounting
1.25 hours | 1 modules
Investment per person: $ 359.09 + GST
Team cost: $ 895.45 + GST
You can’t use team rate, please either signup or login to access team rates
CPD Hours: 1.25 hrs
FS
SMSF
Tax Accounting
General