au-small-business-cgt

Use this skill whenever an Australian small business owner, company, trust or partnership asks about the Division 152 small business CGT concessions -- selling a business, premises, goodwill, or shares/units in a trading entity; the $2m turnover or $6m maximum net asset value gateways; the active asset test; the 15-year exemption; the 50% active asset reduction; the retirement exemption; the small business rollover; significant individual or CGT concession stakeholder tests; or contributing sale proceeds to super under the CGT cap. Trigger on "small business CGT", "SBCGT", "Div 152", "active asset", "retirement exemption", "CGT cap election". ALWAYS read this skill before touching any Div 152 work.

License

AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)