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Methodical care needed with small biz CGT concessions: Tax expert

Tax practitioners have been urged to methodically scope through different aspects of a client’s business when determining the application of the small business CGT concessions to stay on the right side of ATO scrutiny.

Methodical care needed with small biz CGT concessions: Tax expert
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Methodical care needed with small biz CGT concessions: Tax expert

Tax Partner principal Tom Delany said that despite the expectation and pressure from small business clients to obtain the CGT concessions, practitioners needed to pay attention to even the most basic conditions.

Read the full article at Accountants Daily.

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