Capital Gains Tax concessions

Friday 04 May 2007

A number of changes have been made to Capital Gains Tax concessions for small businesses. You can now download a fact sheet to help you understand how these changes affect your business.

The Tax Office has provided a comparison of old and new CGT law with information on the amendments to:

  • active asset test
  • 15-year exemption
  • retirement exemption
  • small business roll-over.

For further information and to view the fact sheet, visit the Tax Office website today.


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