Taxpayer misses out on small business CGT concession A taxpayer’s claim that a related trust was entitled to the small business 15-year exemption* was rejected because a loan from his trust had to be included in the net value of his CGT assets. Note:- To be able to satisfy the “maximum net asset value test”, […]
Carsales to take Carsguide to court
Carsales to take Carsguide to court Carsales.com will take smaller rival Carsguide.com.au to court over alleged misleading and deceptive conduct with relation to a new advertising campaign launched earlier in June. Documents filed with the Supreme Court of Victoria on Thursday state that Carsales believes that One Way, through Carsguide, made seven representations in its new […]