15 Year CGT Small Business Exemption

Question

 · Accepted Answer

AriATO · Answer

Looks good, if the business is a company or a trust. According to the significant individual test (https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/income-and-deductions-for-business/concessions-offsets-and-rebates/small-business-cgt-concessions/small-business-15-year-exemption#:~:text=Significant%20individual%20test), it doesn't have to be the same individual.

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