Most individuals and businesses will have a transaction or sale where the impact of capital gains tax will need to be considered.

Over the last few years, certain tax concessions have been introduced for capital gains, particularly on the sale of your small business.

New legislation has also been introduced that makes it easier to re-structure your business, by de-merging, consolidating or introducing new companies to a group, without triggering a capital gains tax liability.

A 50% discount on capital gains is available for individuals, complying superannuation funds and certain trusts.

Our ATP Group people can help you keep abreast of the current chages to the capital gains tax and the impact on your business as a result of the government's tax reform process