Course overview

The small business CGT reforms commencing from 1 July 2027 substantially expand access to the small business 50% active asset reduction, but they do not provide a corresponding expansion of every Division 152 concession. This course examines how the $10 million threshold interacts with business sales, entity structures, active assets, the 15-year and retirement exemptions, and opportunities to contribute sale proceeds to superannuation.

Practical scenarios demonstrate why turnover is only one part of the eligibility analysis and why the tax outcome can differ significantly depending on whether business assets or ownership interests are sold.

Course objectives

You should be able to:

understand the scope and practical effect of the $10 million turnover reform applying from 1 July 2027
distinguish the eligibility pathways applying to the four small business CGT concessions
analyse how asset ownership, business structure and the form of a sale affect Division 152 outcomes
evaluate the interaction between the small business CGT concessions and superannuation contributions
identify documentation, professional judgement and advisory issues arising when applying the concessions.

Learning outcomes

On completion, you should be able to:

determine whether the $10 million turnover threshold is relevant to a particular capital gain
apply the principal Division 152 eligibility gateways and active asset requirements
distinguish the tax consequences of an asset sale from a share or trust-interest sale
determine when the 15-year exemption or retirement exemption may support a contribution under the CGT cap
identify professional and compliance risks when advising on complex small business CGT transactions.

CPD/CPE compliance mapping

The course is primarily a technical taxation and business exit course. Its strongest alignment is with continuing professional development in taxation, small business CGT, superannuation implementation and professional application. The professional-practice components reinforce competence, due care, reasonable care, documentation and scope-of-advice disciplines.

Table: Professional body CPD/CPE alignment

Body/registration	Current framework relevant to this course	Course alignment	Administrative classification
Tax Practitioners Board - registered tax agents	Standard tax agents complete 120 hours of relevant CPE over 3 years, with at least 20 hours in each year. CPE must be relevant to the tax agent services provided, and records/evidence must be retained.	Strong direct alignment. The course develops current knowledge and application of CGT, Division 152, entity sale structures and the tax treatment of superannuation-related CGT concession amounts.	Suitable as relevant technical CPE for tax agents where the content is relevant to the practitioner’s services. Record the course title, date, provider, hours and completion evidence.
Tax Practitioners Board - registered BAS agents	Standard BAS agents complete 90 hours of relevant CPE over 3 years, with at least 20 hours in each year. CPE must be relevant to BAS services provided.	Limited and role-dependent. Division 152 CGT advice generally falls outside the scope of ordinary BAS services. The course can improve professional awareness and referral judgement, but relevance to BAS-agent CPE should not be assumed.	Do not automatically classify the full course as TPB CPE for a BAS agent. The individual must be able to demonstrate relevance to authorised BAS services and their actual role.
CPA Australia	Members generally complete 120 hours of relevant CPD over each triennium, including at least 20 hours each year. CPA Australia also has separate verifiable ethics requirements.	Strong technical CPD alignment for members working in tax, public practice, business advisory, finance or succession planning. The course is not designed as a dedicated ethics module.	Classify primarily as technical taxation / professional development CPD. Maintain a certificate or other evidence of completion when verifiable CPD treatment is intended.
Chartered Accountants Australia and New Zealand	CAs, FCAs and Affiliate Members generally complete 120 hours per triennium, including 90 hours of verifiable CPD and at least 20 hours of verifiable CPD annually. Separate ethics requirements apply.	Strong alignment with verifiable technical CPD for members whose roles include Australian tax, business structuring, transaction advice or superannuation-related implementation. Professional-practice content supports, but does not replace, dedicated ethics learning.	Treat as technical/verifiable CPD where objective evidence of completion is retained, and the activity is relevant to the member’s role.
Institute of Public Accountants	The current Pronouncement 7 framework requires CPD across Technical and Product Knowledge, Management and Professional Skills, and Professional and Ethical Standards. Taxation and superannuation are expressly within the technical competency area.	Primary alignment is Technical and Product Knowledge. The documentation, professional judgement and scope-of-advice components also support the capability in professional standards.	Classify primarily as Technical and Product Knowledge. Any allocation to Professional and Ethical Standards should reflect the member’s own CPD record and the substance actually completed.