Tax News & Articles

Access to the small business CGT concessions depends on whether a taxpayer is in business and if the asset being sold is an active asset. The date when a business ceases can impact whether these concessions are available. In this article we look to what to consider when faced with this situation.

Australia’s CGT landscape is about to change dramatically, with the 50% CGT discount giving way to cost base indexation and new rules for pre-CGT assets. In this article we consider upcoming new CGT rules, and how it may affect those planning an overseas move.