Published on 05 Apr 07
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
The CGT small business concessions offer the best opportunity to reduce the amount of tax payable on the sale of a business asset. Numerous changes have occurred to the concessions with effect from 1 July 2006 and more are due to apply from 1 July 2007. If you are an adviser to SMEs it is critical you are aware of the changes, and their effective dates. This presentation outlines the changes and the opportunities that they present.