CGT Mini-Series: CGT Small Business Concessions
Gain an in-depth understanding of the conditions for relief, asset tests and exemptions, including ‘active’ tests and rules for non-SME owners, with practical scenarios and examples to apply to your clients.
Description
Attend and earn 1 CPD hour
FASEA CPD Categories
Estimated 1 CPD hour in Technical Competence
CGT Mini-Series: CGT Small Business Concessions
- Conditions for relief
- Maximum net asset value test, small business entity test and active assets
- CGT concession stakeholder test, 15 year full CGT exemption and 50% CGT active asset reduction
- CGT retirement exemption, CGT small business rollover, interaction of concessions and planning issues
Presented by Stuart Le Cornu, Partner, Fordham
Learning Objectives:
- Recognise the conditions which must be met in order to access any of the CGT Small Business concessions
- Examine the conditions for relief, asset tests and exemptions
- Understand how the CGT Small Business Concessions interacts with other concessions and exemptions