Which of the four small business CGT concessions should you apply to get the best result? How can you combine the concessions with the general 50% discount? Plus, learn about any additional conditions you will need to satisfy for certain concessions to apply.

In this session, we cover:

Brief recap of eligibility rules
- Eligibility conditions
- Additional requirements
- Rules applicable when an entity sells an asset
- CGT concession stakeholder
Small Business CGT Concessions
- Interaction of concessions
- Calculation of capital gain
- Applying the concessions
- Planning considerations
15-year exemption
- Individuals claiming exemption
- 15 year continuous period
- Shares or trust interests
- “Retirement”
- Permanent incapacity
- Company and trust exemption
50% active asset reduction
- Grossing up the gain
- Clawback of exemption
Retirement exemption
- Individuals claiming exemption
- Company and trust exemption
Small business rollover (replacement asset)
- Eligibility
- CGT events J5 and J6 – gain reinstated
- CGT event J2 – change in status of asset

Download resources below.

Date recorded: 26 November 2024

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