Elliott (aged 69) is a sole trader business owner. They are planning to sell the business they have owned for ten years, which will result in a capital gain of $1.2 million, and retire. In which order should the small business CGT concessions be applied to maximise the amount Elliott can contribute to superannuation?

Answer rating: 100% (QA)

To maximize the amount Elliott can contribute to superannuation the small business ... View the full answer