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  Miscellaneous 2007

Small business CGT concessions: changes that matter

Source: National

Published Date: 27 Feb 2007

 

This presentation covers the improvements to the Small Business CGT Concessions including:

  • replacing the current controlling individual 50% test with a new significant individual 20% test that can be satisfied either directly or indirectly through one or more interposed entities
  • simplifying the active asset test
  • improving the $5M net asset test
  • clarifying the application of the concessions in the event of death
  • improving access to the specific concessions.

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Author(s)

Individual Session

Small business CGT concessions: changes that matter

Author(s): Max Hendriks , PKF
Materials from this session:

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Details

  • Published By: Max Hendriks
  • Published On:27 Feb 2007
  • Event Name:Small Business CGT Concessions: Changes that matter
  • Session Name:Small business CGT concessions: changes that matter
  • Read Time:3+ minutes
  • Took place at:City West Function Centre, West Perth, Launceston Function Centre, The Rugby Club Downtown, Brisbane, The Holiday Inn Adelaide, Tattersalls, Sydney, Leonda by the Yarra, Hawthorn, Newcastle West

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