Tax and Structures
Tax for business owners
Small business CGT concessions
For small businesses, the four concessions available to reduce CGT are:
1. the 15-year exemption
2. the retirement concession
3. the 50% small business reduction
4. the rollover reduction.
This is a highly technical area with many variables. You are encouraged to talk to your accountant or business adviser well before a business sale so adequate planning can be done.
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