• Small business capital gains tax concessions

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    There are now 4 small business capital gains tax concessions applicable to capital gains made from CGT events after 11.45 am on 21 September 1999. They are:

    • small business 15-year exemption
    • small business 50 per cent active asset reduction
    • small business retirement exemption
    • small business roll-over.

    The former 50 per cent goodwill exemption has been abolished.

    For more information on these concessions refer to the publication Capital gains tax concessions for small business.

    Last modified: 18 Sep 2009QC 18323