For CGT events which happened in earlier years, see:
- Advanced guide to capital gains tax concessions for small business 2012–13
- Advanced guide to capital gains tax concessions for small business 2011–12
- Advanced guide to capital gains tax concessions for small business 2010–11
- Advanced guide to capital gains tax concessions for small business 2009–10
- Advanced guide to capital gains tax concessions for small business 2008–09
- Advanced guide to capital gains tax concessions for small business 2007–08
- Advanced guide to capital gains tax concessions for small business 2006–07
- Advanced guide to capital gains tax concessions for small business 2005–06.
For more general information about:
- the capital gains tax concessions for small business 2013–14, see the Guide to capital gains tax concessions for small business 2013–14
- capital gains tax in general, see the Guide to capital gains tax 2013–14.
- market value or market valuation see Market valuation for tax purposes.
The following documents might also help you:
- Division 115 of the Income Tax Assessment Act 1997
- Guide to depreciating assets 2013–14 (NAT 1996)
- Taxation Determination TD 2007/14 Income tax: capital gains: small business concessions: what 'liabilities' are included in the calculation of the 'net value of the CGT assets' of an entity in the context of subsection 152-20(1) of the Income Tax Assessment Act 1997?
- Taxation Determination TD 2006/65 Income tax: capital gains: small business concessions: can a share in a company or an interest in a trust qualify as an active asset under subsection 152-40(3) of the Income Tax Assessment Act 1997 if the company or trust owns interests in another entity that satisfies the '80% test'?
- Taxation Determination TD 2006/63 Income tax: capital gains: is a CGT asset that is leased by a taxpayer to a connected entity for use in the connected entity's business an active asset under section 152-40 of the Income Tax Assessment Act 1997?
- Taxation Determination TD 2006/78 Income tax: capital gains: are there any circumstances in which the premises used in a business of providing accommodation for reward may satisfy the active asset test in section 152-35 of the Income Tax Assessment Act 1997 notwithstanding the exclusion in paragraph 152-40(4)(e) of the Income Tax Assessment Act 1997 for assets whose main use is to derive rent?
- Taxation Determination TD 2006/71 Income tax: capital gains: small business concessions: is the part of a payment which is a small business 50% reduction amount a non-assessable part under CGT event E4 in section 104-70 of the Income Tax Assessment Act 1997?
You could also discuss your capital gains tax situation with your tax adviser.