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Live Webinars

Live Webinar: Practical Applications of the Small Business CGT Concessions: Eligibility, Active Assets and Other Complex Scenarios

The small business CGT concessions are some of the most generous concessions available within the income tax legislation. However, with this generosity comes complexity and it is an ongoing challenge to keep abreast of how the concessions can apply in practice. This session is des
PRESENTED BY Edward Hennebry Senior Associate - Sladen Legal , Melbourne

Date/Time

Tuesday 22nd October 2024
Vic, NSW, ACT, Tas: 11am to 12pm
Qld: 10am to 11am
SA: 10:30am to 11:30am
NT: 9:30am to 10:30am
WA: 8am to 9am

About the Webinar

The small business CGT concessions are some of the most generous concessions available within the income tax legislation. However, with this generosity comes complexity and it is an ongoing challenge to keep abreast of how the concessions can apply in practice. This session is designed to highlight issues, tips and traps that can arise when applying the concessions in various situations, including:

  • When can property be an active asset if the entire property is not used for business purposes?
  • How to determine if an assets “main use” is to derive rent and why it matters
  • Can the concessions apply to the sale of property as part of a “residential letting business”
  • How shares in a company or interests in a trust can satisfy the active asset test, including:
    • the additional basic conditions that apply to shares and trust interests
    • the impact of excess cash on the balance sheet
  • How to determine if a CGT asset sold by a discretionary trust is eligible for the concessions
  • How the small business CGT concessions can assist with a business restructure
  • Practical examples

Presented By

Edward Hennebry
Senior Associate, Sladen Legal Melbourne, Vic

Edward works in the Business Law team at Sladen Legal, with a core focus on providing federal tax advice to small and medium businesses.

Edward commenced his career in the ATO’s Tax Counsel Network and Review and Dispute Resolution business lines. Since leaving the ATO, Edward has worked in a number of large accounting and national law firms, enabling him to diversify his knowledge of prevalent tax and commercial issues that affect private clients and family groups across a wide range of industries.

In 2024, Edward was recognised by the Tax Institute of Australia as a “Tax Trailblazer” in Victoria. Edward has been listed in the “Ones to Watch” categories for Tax Law and Commercial Law the 2025 edition of The Best Lawyers® in Australia.

Who Should Attend?

This webinar is suitable for accountants advising in taxation matters – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Certificate

Registered live webinar delegates will receive a CPD certificate for attendance at this webinar. Accountants can claim up to 1 CPD hour. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.

While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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