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Recorded Webinars

Recorded Webinar: The 15-Year CGT Exemption: Don't Miss Out by Overlooking the Significant Individual Test

The 15-year exemption is the crown jewel of the small business CGT concessions — offering a complete exemption from capital gains tax in the right circumstances. But eligibility hinges on more than just long-term ownership and meeting the basic conditions. Without satisfying the “

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About the Webinar

The 15-year exemption is the crown jewel of the small business CGT concessions — offering a complete exemption from capital gains tax in the right circumstances. But eligibility hinges on more than just long-term ownership and meeting the basic conditions. Without satisfying the “significant individual” requirement and proving a connection to retirement, the opportunity may slip away. This session takes a practical look at how to secure this generous concession and avoid common pitfalls, including:

  • How the 15-year CGT exemption applies to:
    • individuals and partners in a partnership
    • companies and trusts
  • How to support the “significant individual” requirement when:
    • the CGT asset is a share in a company or an interest in a trust
    • the entity disposing of the CGT asset is a company or trust
  • How much work is too much work after the CGT event when it comes to supporting the event was in connection with retirement?
  • How to tax effectively extract the CGT exempt amount from a company or trust
  • The interaction of the 15-year exemption with superannuation contributions and the CGT cap
  • Case study

Presented By

Jonathon Larosa
Partner, William Buck Melbourne, Vic.

Jonathon’s passion for taxation, paired with business knowledge gained through over fourteen years experience working with many different clients, evokes confidence within colleagues and clients alike.

A keen traveller with a love of adventure, Jonathon brings the same enthusiasm he has for life to his work environment. “Working with business clients in their growth phase is truly exciting,” he says. “Understanding a business and solving complex tax issues in both local and international markets is particularly rewarding. You become part of that business and have a vested interest to see it reach its potential and grow beyond it.”

Another area Jonathan is active in is helping startup technology businesses. Ensuring the most effective structures and access to tax concessions which gives them the best financial position to build their business, is both a professional and personal reward.

For a number of years, Jonathon lectured for the Taxation Institute’s Applied Tax (now CTA 2 Advanced) Program. His ongoing commitment to solving technical tax matters makes Jonathon a valuable asset not just to his clients but to the larger William Buck team that look to him for his specialist knowledge.

Whether it be through transaction planning or ordinary taxation compliance, Jonathon’s focus is always on helping his clients achieve their ultimate commercial goals.

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 Information

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, Jason Hooker on (03) 8601 7709 or email: [email protected]

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