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Brad, aged 60, has owned the local landscape supplies business in his own name since 1990. The business has an annual turnover of $1 million.He

  1. Brad, aged 60, has owned the local landscape supplies business in his own name since 1990. The business has an annual turnover of $1 million.He has decided to retire at the end of the 2021 financial year and sells his business for $1.5 million to fund his retirement. 

  2. Which Small Business CGT Concessions does Brad qualify for and why, and what is the outcome for qualifying for the Small Business CGT Concession?

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