Author: libertydigital

CGT Implications When Inheriting Property

June 10, 2021 By libertydigital

As the beneficiary of a deceased estate, when you inherit a property, depending on your circumstances, you may be eligible for a Capital Gains Tax (CGT) exemption. If you have inherited the property before 20th September 1985, the asset will be considered a Pre-CGT Asset, and unless there have been major capital improvements to the […]

What to know when applying for age pension

June 10, 2021 By libertydigital

AT CENTRELINK 1. Visit Centrelink 2 months prior to turning Age Pension2. Obtain a CRN (a Customer Reference Number)3. Provide Identification (drivers licence, medicare card, citizenship, birth certificate)4. Obtain a ‘Linking Code‘ from Centrelink to link your Centrelink and MyGov account5. Add a ‘Service’ and provide access to Centrelink using the linking code. If you do not have a MyGov […]