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New law on the small business CGT relief on sale of a business

New law on the small business CGT relief on sale of a business

Getting the small business Capital Gains Tax relief is often critical. Read about how a recent Court decision has perhaps made this more difficult.

4th April 2013

Getting the small business Capital Gains Tax relief is often critical when selling a small business. The Full Federal Court has recently made it more difficult to come within the “net asset value less than $6M test”. See this guide at Lexology for more details.

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Dominic Woolrych

Dominic is the CEO of Lawpath, dedicating his days to making legal easier, faster and more accessible to businesses. Dominic is a recognised thought-leader in Australian legal disruption, and was recognised as a winner of the 2015 Australian Legal Innovation Index.