Accessing CGT Small Business Relief: A Practical Guide
Overview
Master the complexities of CGT small business relief and unlock valuable opportunities to minimize tax liabilities when selling or transferring business assets!
The complexity of the capital gains tax (CGT) small business relief (SBR) concessions can be quite daunting, and it’s not uncommon for individuals to overlook these intricacies. The SBR concessions offer valuable opportunities for small business owners to minimise their tax liabilities when selling or transferring their business assets.
Accessing these concessions requires a thorough understanding of the eligibility criteria, application processes, and potential pitfalls. It is essential for small business owners and advisors to recognise the complexity involved and take proactive steps to understand and leverage these concessions to their fullest potential.
This session focuses purely on accessing the CGT SBR concessions, covering:
- an overview of the CGT small business relief concessions set out in Division 152 ITAA 1997
- the ‘additional basic conditions’ for accessing relief upon the disposal of shares in a company and/or units in a unit trust
See the companion session: Applying CGT Small Business Relief: A Practical Guide
Learning Outcomes:
Participants will gain a clearer understanding of how the legislative provisions of the CGT small business relief concessions apply.
Suited to:
It is suitable for accounting and taxation legal professionals that need to build on their understanding of this subject or for a ‘refresher’ on their existing knowledge.
This On Demand Includes:
- Recording of the Live Webinar, which can be viewed multiple times
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
- CPD Quiz
- CPD Certificate
Course syllabus
3 lessons
- Video – Accessing CGT Small Business Relief: A Practical GuideVideo
- Feedback Survey 2024Survey
- Knowledge QuizTest
Your presenter
Crowe Australasia, an affiliate of FindexCrowe Australasia
is the largest provider of practical accounting, audit, tax, business and financial advice to individuals and businesses from a network of over 80 offices throughout the country. The firm’s team of 300 Principals (approx.) and professionals deliver a full range of accounting including, audit and taxation, business advisory, corporate finance and wealth management services from offices in the cities of Sydney, Melbourne, Brisbane, Canberra, Perth, Auckland, Wellington and major regional centers in Australia and New Zealand.