Capital Gains Tax Small Business Concessions

The Capital Gains Tax small business concessions apply to provide a measure of CGT relief on the disposal of certain assets by eligible small business taxpayers. This relief applies in addition to any CGT discounting relief the taxpayer may be entitled to. What Capital Gains Tax small business concessions are available? The CGT small business concessions available include: Where you are over 55 and retiring, a total exemption of the gain on “active assets” [...]