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  Miscellaneous 2009

CGT small business concessions - Some things that may surprise you paper!

Source: National

Published Date: 13 Mar 2009

 

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The new and improved small business concessions continue to provide practitioners with incredible opportunities to save tax for clients but their application is far from straightforward. This paper helps you chart a course through specific pitfalls of the concessions as well as examining some of the new opportunities that continue to emerge. Topics covered include:

  • the small business entity rules – upsides and downsides
  • the benefits of carrying on a business
  • new definitions of “affiliate” and “connected with”
  • how spouses can be useful
  • issues with selling shares or units
  • issues with the active asset test
  • interest-free loans from the Government using the rollover concession
  • Part IVA and the SBC.
Author(s)

Individual Session

Small business CGT concessions - Some things that may surprise you!

Author(s): Stephen Holmes CTA
Materials from this session:

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Details

  • Published By: Stephen Holmes CTA
  • Published On:13 Mar 2009
  • Took place at:Sydney Convention & Exhibition Centre and Doltone House

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Miscellaneous 2009

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