It is important for business owners and investors to consider the implications of Capital Gains Tax (CGT) when undertaking a transaction that involves the sale of an asset. At 360Private, our team of personal and business tax advisors recognise that no two situations are the same. Our experts take the time to understand your unique circumstances and assist you to reduce your tax burden, through any exemptions or concessions that may apply.
When you dispose of a capital asset—such as shares, real estate, or a business—it’s important to consider the potential implications of a capital gain or capital loss. Capital Gains Tax (CGT) may apply to a wide range of assets, including:
Certain exceptions and special considerations may apply, particularly in cases involving inherited assets or for individuals classified as foreign residents. Our team can help you navigate the complexities of CGT and ensure you meet your tax obligations with confidence.
Small business owners may be eligible for a range of Capital Gains Tax (CGT) concessions that can substantially reduce tax when selling a business or business assets. Eligibility depends on meeting key criteria such as the Small Business Entity or Net Asset Value tests.
If eligible, concessions may include the 15-Year Exemption, 50% Active Asset Reduction, Retirement Exemption, and Rollover Relief—each offering strategic opportunities to minimise tax and support long-term financial goals.
At 360Private, we’re here to simplify the process. With years of experience in CGT planning, our focus is finding opportunities for concessions or exemptions that can make a real difference to your finances. Our experts can assist you in making informed decisions that maximise your returns and assist in keeping your finances on track.