Small Business CGT Concessions

Small business CGT concessions can significantly reduce or eliminate capital gains tax when business assets are sold or restructured. Understanding eligibility and how the concessions apply can make a substantial difference to after-tax outcomes.

We help:

  • Determine whether you may be eligible for small business CGT concessions
  • Understand how different concessions may apply to your circumstances
  • Structure transactions to manage CGT exposure effectively
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They provided so much support and guidance through the process and I felt like they genuinely cared about getting the right outcome for me. They obviously know their stuff but were able to explain things in a simple and clear way.

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We Understand What You Are Going Through

Small business CGT issues often arise at important transition points, such as selling a business, planning succession, or restructuring ownership. These moments are commercially significant and can feel time-sensitive.

You may have heard about CGT concessions late in the process and be unsure whether your business qualifies or how eligibility is assessed. Tests relating to turnover, asset values, and ownership structures can add complexity and uncertainty.

We understand how important these concessions can be to the outcome of a transaction. We help you assess eligibility and work through the requirements in a clear and practical way, so decisions are made with confidence.

Our Services Include

  • Assessing eligibility for the small business CGT concessions
  • Advising on the 15-year exemption, retirement exemption, rollover, and active asset test
  • Structuring business sales and restructures to access available concessions
  • Supporting CGT planning for succession and exit strategies
  • Advising on interactions between CGT concessions and business structures
  • Assisting with CGT issues arising in family trusts and related entities
Our Difference
Accountability & Expertise

Every matter we handle comes with full accountability. You’ll deal directly with an expert – every time, no exceptions.

In Your Shoes

Understanding your unique circumstances and goals - so our advice is practical, personal, and never given in a vacuum.

Transparency & Communication

We speak your language. That means plain, clear advice - what’s happening, why it matters, and what comes next.

50+
Australian Based Team
4,000+
Matters Expertly Handled
10+
Awards & Industry Recognition

Our Process

  1. Book Meeting
    Fill in contact form below or call our office to book an initial consult. You can choose between in-person or video conference.
  2. Get Advice

    You’ll discuss your situation in depth with a senior lawyer. This includes exploring your requirements, goals, and desired outcomes. You’ll walk away from this meeting with a clear understanding of the next steps.
  3. Achieve Outcomes

    Our legal team will work tirelessly to achieve your desired objectives. We work hard, communicate regularly, and pride ourselves on delivering results.
Contact
Take the First Step Today

You don’t have to figure this out alone. Book an initial consult with our expert legal team and get clear answers about your situation.

  • Transparent quotes (no ‘bill shock’)
  • Rapid response
  • Award winning team
Andrew Henshaw
Managing Director
Award Winning Law Firm – Top Specialist Firm & Top Boutique Firm (Australasian Lawyer)
Our Directors

Managing Director

Andrew Henshaw

Director

Greg Thomas

Director

Jess Hill

Director

Rajan Verma

Director

Seamus Ryan

Frequently Asked Questions
What are the small business CGT concessions?
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The small business CGT concessions are a set of tax concessions that may reduce or eliminate capital gains tax on the disposal of certain business assets, provided eligibility requirements are met.
Who can access the small business CGT concessions?
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Eligibility depends on factors such as turnover, net asset value, ownership structure, and whether the asset is an active business asset. Each concession has specific requirements.
Do the concessions apply automatically?
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No. The concessions do not apply automatically and must be actively considered and applied. Failing to meet requirements or take necessary steps can result in missed opportunities.
Can small business CGT concessions apply to restructures as well as sales?
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In some circumstances, concessions or rollovers may apply to restructures as well as outright sales. Whether this is possible depends on how the transaction is structured.
Is early advice important when considering CGT concessions?
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Yes. Early advice is often critical, as eligibility and outcomes can be affected by how transactions are planned, timed, and documented.

Take the First
Step Today

You don’t have to figure this out alone. Book an initial consult with our expert legal team and get clear answers about your situation.

  • Transparent quotes (no ‘bill shock’)
  • Rapid response
  • Award winning team
Book Consult
4.9
74 Google Reviews
Award Winning Law Firm – Top Specialist Firm & Top Boutique Firm (Australasian Lawyer)