Capital Gains Tax (CGT) is the tax you pay on any capital gain you make by selling assets such as property, shares, vehicles, or even your business. These are called CGT events.
CGT is not a separate tax, but part of your income tax.
The most common way of making a capital gain or loss is by selling assets, such as property, shares, vehicles, or even your business. These are called CGT events.
There are four small business CGT concessions that can be used to reduce your capital gain. If you meet certain conditions you can apply for as many concessions as you're entitled to until the capital gain is reduced to nil.
Read about what tax applies if your home is the principal place of business
Visit the ATO website for more information on CGT concessions
and CGT events