Capital Gains Tax
• Consider deferring the disposal of shortly-held assets to access the CGT discount, where available.• Individual taxpayers can consider contributing some or all of capital gain to their superannuation fund because a deduction may be available for personal superannuation contributions.
• Consider whether a rollover relief is available to defer any capital gains.
• Consider the availability of the small business CGT concessions which can disregard, reduce or defer a capital gain arising from the disposal of an asset which has been used by an entity in the course of carrying on its business.