Is having livestock agistment on your rural property considered running a business? Looking to establish if this point meets small business eligibility and therefore can consider small business CGT concessions. Thank you
If long term agistment is the main income earning activity on your land then this is not a business. It is the same as renting or leasing your land. i.e rental income. See legal ruling.
If long term agistment is the main income earning activity on your land then this is not a business. It is the same as renting or leasing your land. i.e rental income. See legal ruling.
1051801635471 | Legal database
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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