<P> The exemption for gains paid into a superannuation fund is similar to what employees may do with an eligible termination payment (accumulated unused long service leave, etc .) on leaving a job . But the small business case it is only the net gain after applying the CGT discounts which needs to be paid into the fund to escape CGT liability, the remainder can be kept in cash . </P> <P> Changes have been made by ATO to relax some of these provisions . Check the ATO Website for details . </P>

When does capital gains tax apply in australia