CGT rollover relief

Where a taxpayer disposes of an asset, the disposition will be subject to capital gains tax (CGT) unless one of the available exemptions applies. CGT might apply to the transfer of an existing business to a corporate structure. CGT rollovers allow for any capital gain to be deferred, or in some cases, disregarded. There are a number of rollovers relevant to restructuring a corporate group including scrip-for-scrip rollover.

See CGT rollover relief.