Some advise required please. I am a PR in Australia and I am selling my house in the U.K, I have not bought a house in Australia (in case that is relevant). I have been told (by a taxation accountant) if I sell within 6 years of my arrival date I will not be liable for CGT. I am sssuming this is correct and if so do I have to move the money to Australia by my anniversary date also?
Thanks
Diane