The Australian Taxation Office (ATO) is actively auditing taxpayers who claim the small business Capital Gains Tax (CGT) concessions resulting in a number of court cases. These cases reflect the high level of complexity, confusion and contentious tax issues which needs to be considered. Despite the intention for these concessions to be available to ‘small business’, the rules have now become sufficiently complex that many business owners may not be able to avail themselves of these concessions where once they could. In this CPN seminar we take a look at:
- Identifying issues to consider when attempting to access these concessions;
- Planning for the use of these concessions;
- Recent cases of taxpayers attempting to access these concessions and
- Case studies
Please join Lawrence Dujmovic, Client Director in the Pitcher Partners Tax Consulting team for this not to be missed seminar!