Guide to capital gains tax concessions for small business 2012–13
This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.
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This guide provides general information about the capital gains tax (CGT) concessions available for small business. It is current for the 2012–13 income year. For CGT events that occurred in other years, see the version of this guide for that year in Publications.
The concessions may apply to CGT events that happen after 11.45am, by legal time in the Australian Capital Territory, on 21 September 1999.
This publication can be downloaded in Portable Document Format (PDF): Guide to capital gains tax concessions for small business 2012–13 (NAT 8384, 421KB).
This guide deals with the special CGT concessions available to you as a small business operator, not with your personal CGT obligations.
We assume you have a basic understanding of how the CGT system works.
When we say ‘you’ or ‘your business’ in this guide, we are talking about you conducting a small business as:
- an individual (such as a sole trader)
- a partner in a partnership
- a company or a trust.
When we say ‘your child', in this guide, we mean your child under 18 years.