Dealing with Inherited Property Webinar

How to minimise tax liabilities & maximise the concessions

Recorded 5 November 2020

Individual Recording

The ATO’s new safe harbour concession for inherited property
Step-by-step guide to calculating capital gains and losses
Concessions to minimise tax liabilities

While many practitioners and clients are familiar with the key concepts that apply under the main residence exemption rules, a different process needs to be followed when dealing with property that has been inherited through a deceased estate.

Unfortunately, some clients end up paying more tax than they really need to because no one realised how generous the concessions could actually be. This webinar shows you how to minimise tax liabilities and maximise the concessions for clients who inherit property through a deceased estate.

Member Recording 
Individual Recording
Office Recording

What we cover

This practical session covers:

  • The differences when dealing with pre-CGT vs post-CGT properties that pass to beneficiaries of a deceased estate
  • How to determine whether a full exemption is available on sale
  • Using the 6 year absence rule for inherited property
  • Calculating gains and losses under the partial exemption rules

  • Applying the ATO’s new safe harbour concession for inherited property
  • How the result can be different depending on whether the property is sold by the executor or a beneficiary of the estate, and
  • Special small business CGT concession rules that can apply to inherited property


Member Recording 
Individual Recording
Office Recording

Our Presenter

Michael Carruthers

Tax Director, Knowledge Shop

Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Hayes Knight group’s national tax committee.

Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy

Michael is a member of the advisory panel for the Board of Taxation and is 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.

Michael Carruthers
Michael Carruthers
Tax Director, Knowledge Shop



$195 Member
$235 Non-member


$430 Member
$480 Non-member

 *The office rate applies per office location (maximum temporarily increased to 20 participants per office location). The PD points for all attendees will be recognised.

How to access the recording

  1. Knowledge Shop members, access your discounted pricing by logging into the Knowledge Shop member website and registering. More on membership.
  2. For Individuals:
    • Register and we will email you your access details to Knowledge Shop's IQ platform (generally within 24 - 48 hours).
    • Your recording and any successive recordings you purchase will display on your personal profile.
  3. For Offices (access for up to 10 individuals from the same firm): 
    • Register and we will contact you to organise login details for your nominated staff members (generally within 24 - 48 hours).
    • You can also nominate a supervisor from your firm who will be able to see who has completed the webinar and where applicable, their quiz scores.
  4. Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant. 

Terms & Conditions 
All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed.  Refunds are only possible if the webinar recording has not been accessed.