Special Tax Topics 2025-2026 - Small business CGT Concessions: Part 1 - The basic conditions in depth (AU)

The small business CGT concessions are among the most valuable tax concessions available to small businesses, yet they remain some of the most complex and commonly misunderstood. As a result, they continue to be a key focus area for ATO review activity.

This session will explore the fundamental technical aspects of the concessions through practical case studies, helping to demystify the legislation and clarify its application.

Using real-world examples, we will cover core issues including the active asset test, the $6 million net asset value test, and the treatment of connected entities.

Learning Outcomes: 

After successful completion of this topic, learners should be able to:

• Determine the core eligibility conditions to access the concessions
• Identify what is included in the maximum net asset value test
• Demonstrate an understanding of the active asset test
• Apply the additional tests where shares are sold

This session forms part of the Special Tax Topics series. These detailed sessions have been specifically designed for an online platform to ensure training is informative, immersive and engaging. These sessions will:
• Ensure you get the critical knowledge you need while minimising your time out of the office. 
• Assist you in providing proactive tax and superannuation advice and identifying tax planning opportunities early
• Help you avoid any possible traps and pitfalls
• Give you answers to the questions most relevant to you

Our partnership with Thomson Reuters gives you the most up-to-date information, updated regularly and enhanced by our technical specialists.

Continuing Professional Development Hours
All sessions covered in our Special Tax Topics Series constitute verifiable CPD for CA ANZ and is likely to the Tax Practitioners Board's CPD requirements.