The SMSF Association’s Head of Policy, Jordan George, has written this comprehensive Technically Speaking as a part 2 to Issue 52: “What is a small business for CGT small business concession purposes?”
This edition of Technically Speaking will detail how the $6 million maximum net asset value test (MNAVT) works and can be applied including what assets are included and excluded, what liabilities are included and a comprehensive case study featuring calculations.
The contents of this resource are taken to be correct at the time of publication.
Disclaimer: Technically Speaking bulletins contain general advice only and are prepared without taking in to account particular objectives, financial circumstances and needs. The information provided in this bulletin is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided in this bulletin is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association