Small Business CGT 15-Year Exemption Calculator

Calculate eligibility for the 15-year small business CGT exemption.

Small Business CGT 15-Year Exemption Eligibility

ITAA 1997 s 152-150 Standards

Asset Acquisition Date

Asset Disposal Date

Eligibility Tests

Business was active at time of disposalAsset was an active asset in businessYou (or connected entity) had 50%+ control

Net Asset Value (at disposal)

Capital Gains (for reference)

* Calculations based on ITAA 1997 s 152-150. Results are for illustrative purposes.

* All 5 tests must be met for the 15-year small business CGT exemption.

* The 15-year exemption is one of four small business CGT concessions.

Understanding the 15-Year Exemption

What is the 15-Year Exemption?

The 15-year exemption allows small business owners to disregard capital gains from assets owned for at least 15 years, provided they meet certain conditions including a significant ownership period and retirement status.

Important: This calculator is for illustrative purposes only and does not constitute legal or financial advice. For professional advice regarding your specific circumstances, please consult with a qualified SMSF adviser or accountant.