Increased Difficulty for Partners To Access Small Business CGT Concessions
From 8 May 2018, partners who alienate their partnership income by creating, assigning or other-wise deal in rights to the future income of the partnership will no longer be able to qualify for small business CGT concessions in relation to these rights.
From 8 May 2018, partners who alienate their partnership income by creating, assigning or other-wise deal in rights to the future income of the partnership will no longer be able to qualify for small business CGT concessions in relation to these rights.
