Improving the integrity of the small business CGT concessions

This consultation process has now been completed.
Consultation Type
Draft Legislation

Key Documents

In the 2017-18 Budget as part of its tax integrity package, the Government announced that, from 1 July 2017, the tax law will be amended so that a taxpayer will only be able to access the small business CGT concessions in respect of assets that are used in a small business, or which represent an ownership interest in the small business.

The Government is seeking stakeholders’ views on the exposure draft legislation and accompanying explanatory materials implementing these changes.


No submissions are currently available.