Maverick runs a small business from Melbourne CBD. During the current tax year, he sold an active asset that he has owned for more than 12 months. From this transaction, Maverick made a capital gain of $22,000. He also has a separate capital loss of $5,000.

Required:

Assuming he satisfies all the conditions for the CGT discount and the small business 50% active asset reduction, calculate his net capital gain. Also, mention if he is allowed to have further concessions to reduce the capital gain?