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Small business CGT concessions: The Grouping Rules & Other Essential Concepts

Recorded live 11 Mar 2025
Tax concepts

$190.91 +GST

Audience

This training is recommended for:

  • Accountants working in public practice
  • All practitioners working with tax
Audience

Learning outcomes

On completion, participants will be able to:

  • Work through a series of practical issues accountants & advisers
Learning outcomes

Relevancy

This webinar was presented live 11/03/2025.

Relevancy

CPD hours

If claiming CPD hours, this course provides 1.25 Legislated CPD hours, the breakdown is as follows:

  • Tax (financial) advice: 1.25 CPD hours
CPD hours

Before applying the basic conditions to access the small business CGT concessions, it’s important to work through the various grouping rules. Understanding these rules is vital as they can have a significant impact on whether an asset can pass the active asset test, whether a taxpayer can pass the $6m net asset value test, and whether a taxpayer can pass the $2m turnover test.

We also explain the concepts of a significant individual and CGT concession stakeholder and what this means in practice. These are relevant whenever a company or trust wants to apply the retirement exemption or 15 year exemption or whenever a taxpayer is selling shares in a company or units in a trust.

This session works through a series of practical issues accountants & advisers face including:

  • The control rules that apply to companies, partnerships, fixed trusts and discretionary trusts;
  • What the courts have said about applying the control tests to discretionary trusts;
  • The special rules that can apply when the control percentage is between 40% and 50%;
  • How to determine whether an entity is an affiliate of another entity;
  • The special rules that apply to spouses and how this can make the difference between accessing the concessions and missing out altogether;
  • How to determine whether someone is a significant individual or CGT concession stakeholder of a company or trust; and
  • How different share classes can make life very difficult and what can be done about it.

 

Registration to this event includes:

  • 1.25 hour (est.) on-demand event
  • 3 month access to Q&A embedded webinar recording after purchase
  • Reference notes
Michael Carruthers round

Presented by

Michael Carruthers
Tax Director
Knowledge Shop

This webinar is presented by our partners at Knowledge Shop.

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 General Terms and Conditions can be accessed here.
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