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Q&A by Lawyers

  1. Would the sale of the business be considered as connected with his retirement in relation to the 15-year exemption?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 17-11-2015
    1 Lawyer Answered
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  2. Would the outcome be different if one of the spouses stopped working?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 17-11-2015
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  3. Can he claim the CGT concession if he sells the land and makes a capital gain?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 17-11-2015
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  4. Can the order of applying CGT concessions be reversed, that is, can the CGT retirement exemption be applied before the 50% small business deduction?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 17-11-2015
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  5. Do I have to pay CGT if I sell land owned overseas?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 24-11-2015
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  6. Does rural property qualify for the main residence exemption from CGT?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 24-11-2015
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  7. Does sale of the business but only partial retirement exclude eligibility for the 15-year exemption?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 08-12-2015
    1 Lawyer Answered
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  8. What events can effect whether the retirement concession is available to small business owners?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 08-12-2015
    1 Lawyer Answered
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  9. If you fail the maximum net value asset test can you instead claim the small business entity test?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 08-12-2015
    1 Lawyer Answered
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  10. What is a connected entity for CGT purposes?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 08-12-2015
    1 Lawyer Answered
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  11. Can the order of applying CGT concessions be reversed?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 08-12-2015
    1 Lawyer Answered
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  12. How are assets in a partnership considered for CGT concessions?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 08-12-2015
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  13. When can a sole trader claim CGT concessions?

    Asked in Newcastle - Newcastle and Lake Macquarie, NSW, 08-12-2015
    1 Lawyer Answered
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