CGT small business concessions – the devil in the detail!

$150.00 +GST

The CGT Small Business Concessions allow you to reduce, disregard or defer some or all of a capital gain from an ‘active asset’ used in a small business. The concessions include:

  • 15-year exemption
  • 50% active asset reduction
  • retirement exemption
  • small business roll-over.

However, there are eligibility requirements and procedures that must be satisfied across all the concessions, as well as those that apply to a particular concession.

In this on demand training, guest presenter Rob Power will cover the following…

Basic conditions to satisfy:

  • $6 million net asset value test
  • CGT small business entity
  • Passively held assets
  • Connected entities & affiliates
  • Active asset test


Additional conditions where shares/trust interests sold:

  • CGT concession stakeholder requirement
  • Object entity conditions
    • $6 million net asset value test
    • CGT small business entity
    • Modified active asset test


Outline of available concessions

Issues to be aware of:

  • Discretionary trusts with losses
    • Can a significant individual be identified?
  • Mixed use assets
  • Rentals and Air BnB
  • Assets used for storage
  • Extracting active asset reduction from companies and trusts
  • Market valuations- are they accurate?
  • Look through earnout rights
  • Impact of death
Rob-Power

Presented by

Rob Power
Owner and Director
RBP Tax Advisory
Terms and Conditions
Each education service purchase is for your use only and accessible through your individual account. Each live online education service will be provided with a unique session ID to join which cannot be disclosed, forwarded, or distributed to any other individual without Accurium’s written consent. No other individual will be authorised to access your education service unless that individual has purchased the education service and a unique session ID has been provided to that individual. In the event of unauthorised access due to the actions of the intended recipient, Accurium may suspend or cancel the access for the intended recipient any additional individual(s) may be held liable for additional fees associated with the unauthorised access to an education service. Accurium reserves the right to charge any unauthorised individual(s) who access your education service. In the unlikely situation that a live education service is cancelled we will refund you the full cost of your purchase. If a live service is postponed, we will provide written notification to you and reschedule the education service. Your original ticket will be valid for the rescheduled date. We will also provide the recording and associated materials if you are unable to attend the education service live at the new date/time. If you are unable to attend the education service live at the new date/time, you may request a refund of the moneys paid by contacting Accurium directly, with all requests to be considered on a case by case basis by Accurium in its absolute discretion. The Accurium – General Terms and Conditions can be accessed here.