Published on 04 May 07
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
Changes to the Div 152 CGT small business concessions have recently been announced. This paper aims to provide a practical focus on implementing these amendments, including:
- structuring businesses for sale
- changes to the significant individual test and the active asset test
- maximising the superannuation concessions.
Ian Snook is a Partner at William Buck providing services to medium business enterprises and professions with his primar function being to provide taxation advice including tax planning, compliance and business structuring. Ian is a current member of The Tax Institute's South Australian State Council and Tax Technical Committee.
- Current at
13 October 2016