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HJK23(Newbie)Newbie
22 Mar 2023

If an Trust is a small business entity and sells it's business, which as a result it is able to utilise the small business entity capital gains concessions, and the net capital gains are then distributed to a beneficiary. My question is, can the beneficiary utilise the small business capital gains rollover concession if he starts a new business, or is it only the Trust that can access the rollover concession?

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255 views
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GregP(Dynamo)Dynamo
22 Mar 2023

It depends whether s/he is a test individual. Probably yes, but I would recommend to get an advice. It's a highly technical area and the answers are very sensitive to circumstances.

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GregP(Dynamo)Dynamo
22 Mar 2023

It depends whether s/he is a test individual. Probably yes, but I would recommend to get an advice. It's a highly technical area and the answers are very sensitive to circumstances.

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