And your simplified answer is just the main heading which is why...

  1. 16,815 Posts.

    And your simplified answer is just the main heading which is why the unless has many other proviso's on it.
    The main heading is just that and to understand the rule you have to take into account the rest of the rules which obviously you didnt understand until you just googled it.

    So saying the family home is exempt from CGT is just a complete simplification of the ruling.

    But Im happy to provide the information for you. I hope it helped somewhat.
 
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