Small business CGT concessions

Basic eligibility conditions, order to apply, passively-held assets, active assets, affiliates, connection and control.

How to claim the small business 15-year exemption on a business asset to reduce or disregard CGT.

Reduce the capital gain on an active asset by 50% (in addition to the CGT discount if conditions are met).

How to claim the small business retirement exemption to reduce or disregard CGT on active assets.

Defer all or part of a capital gain made from selling an active asset.