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Capital gains tax for business assets

Capital gains tax affects businesses when certain events happen, such as selling commercial premises or a business.

Last updated 3 August 2021

Capital gains tax (CGT) affects businesses when certain events happen, such as selling commercial premises or a business.

You can disregard or defer some or all of a capital gain from an active asset with the small business CGT concessions.

Depreciating assets, such as business equipment, are generally exempt from CGT unless you use them for a private or other non-taxable purpose.

You can find out more about CGT, including:

Explains when capital gains tax (CGT) applies, how it is calculated and the concessions and exemptions.

Detailed information about capital gains tax for business assets.

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