Small business owners in Australia often face a myriad of challenges, from managing day-to-day operations to making strategic financial decisions. Among these decisions, understanding and leveraging Small Business Capital Gains Tax (CGT) concessions can significantly impact a business’s financial health. This article aims to provide a comprehensive guide to small business CGT concessions, explaining their significance, eligibility criteria, and how they can be effectively utilized to minimize tax liabilities and drive business growth.
