Check if you are eligible for these tax concessions. It could help you save up to 100% of your Capital Gains Tax!

1. If you are selling an asset that was acquired before 15 September 1985, you may be eligible for a 100% CGT discount

2. If you have owned the asset for more than 1 year, you are generally eligible for a 50% CGT discount (only available if the owner of the asset was held by an individual or trust, not applicable if it was held under a Pty Ltd)

3. If you are a small business (revenue <$10 million) selling an active asset, you may be eligible for another 50% CGT discount

4. If you are a small business and have held the asset for more than 15 years, you may be eligible for a 100% CGT discount

5. If you are under the age of 55 and are retiring, and the funds from the sale are placed into a complying superfund, you may be eligible for a 100% CGT discount of up to $500,000

Want to know if you are eligible for any tax concessions? We can show you exactly how much you're missing out on. Contact us for a free consultation today.