2026

Small business CGT concessions – When being ‘small’ and in ‘business’ isn’t enough

Source: Victoria

Published Date: 19 Mar 2026

 

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It will be hard for many to believe that the small business CGT concessions in Div 152 were introduced in 1999. Twenty seven years later and they remain as complex as ever – in fact more so.

This session bypasses the ‘basics’ of the four concessions, and the basic eligibility conditions, to focus on some of the lesser known traps, opportunities and risk areas in the provisions, including:

  • Applying the active asset test for shares (watch out for those shareholder loans);
  • Ensuring all allowed liabilities are taken into account for the $6 million test, but no more than that;
  • Valuation issues for the purposes of the MNAV test and more.

Individual Session


Details

  • Published By: Leanne Connor CTA
  • Published On:19 Mar 2026
  • Event Name:VIC Tax Forum
  • Session Name:Small business CGT concessions – When being ‘small’ and in ‘business’ isn’t enough
  • Read Time:30+ minutes
  • Took place at:W Melbourne

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