Take Advantage of the 150K Tax Break

 

In general, to meet this requirement, your aggregated turnover must be less than $2 million. If you don’t qualify as a small business in an income year, you may still be eligible for the CGT concessions if you have net assets of $6 million or less.

 

For more info refer to ato.gov.au and seek advise from a qualified tax accountant.

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