If you still have a capital gain amount remaining after applying the general concessions, you may be eligible to apply specific small business CGT concessions.

These may allow you to disregard, defer or reduce some or all of the capital gain that remains. The concessions are available when you dispose of an active asset and meet eligibility requirements.

The 4 small business CGT concessions are:

1. Small business 15-year exemption.
2. Small business 50% active asset reduction.
3. Small business retirement exemption.
4. Small business rollover.

Before applying a concession, check the eligibility criteria to ensure it can be used.