Access our concise guide to small business CGT concessions, written for accountants and advisers helping clients plan, sell, or retire.

When clients sell or restructure, small business CGT concession mistakes can surface months later often after returns are lodged.

This guide outlines how to identify red flags, avoid missed elections, and collaborate with a small business CGT concession specialist before problems arise.

Navigating Small Business CGT Concessions for Clients: What Every Adviser Should Know

What’s Inside the Guide

● Key eligibility rules for the 15-Year and $500k Retirement exemptions.

● Common pitfalls: active-asset classification, timing, and connected-entity issues.

● How to work with a small business CGT concessions specialist to protect client outcomes and your professional standing.

Navigating Small Business CGT Concessions for Clients: What Every Adviser Should Know.

Your clients trust you with everything they’ve built. Partner with a specialist who helps you protect that trust. Download the Advisors Guide!

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About

Garth Drinkwater

Garth partners with accountants and financial advisers nationwide to provide precise small business CGT concession guidance.

Garth started working in tax in 1998 with the Australian Taxation Office.

He later became a Tax Director with PricewaterhouseCoopers where he worked predominately in the Sydney and Perth offices over a period of eleven and a half years.

Garth's qualifications include:

Master of Taxation (MTax)
Chartered Tax Adviser (CTA)
Adv. Diploma in Taxation Administration (AdvDipTaxA)
Chartered Accountant (CA)
Bachelor of Commerce (BCom)

How We Work with Advisers

At SBCGT, we specialise exclusively in Small Business Capital Gains Tax (CGT) concessions.

We work closely with accountants to help their clients achieve the best outcomes, whether selling an active business asset, restructuring, or planning an exit strategy. Applied correctly, these concessions can significantly reduce, or even eliminate, the capital gains tax otherwise payable.

Our role is not to replace the trusted accountant–client relationship. Instead, we provide specialist technical expertise that makes a tangible difference, helping accountants and business owners alike navigate the complex rules and avoid costly mistakes.

If your clients are considering a business sale or restructure, reach out to us. Together, we can help secure the best result and give confidence that every eligible concession is being fully utilised.

Testimonials

Your clients trust you with everything they’ve built. Partner with a specialist who helps you protect that trust.

Scroll Testimonials

Julie-Anne Ellem

Director - Catalyst Plus

accountant

After trying several other options for my clients, Garth is the go to man for Small Business CGT advice. Straight forward, smart and very efficient. Garth is not only an expert in his field, his streamlined and systemised data collection methods has made getting this advice for my clients the most efficient I've found. He's delivered robust advice within 3 weeks that other 'specialists' have taken 18+ months to do. His biggest value to myself and customers (outside the tax benefits) is his ability to explain very complex issues in a simplified manner to my clients. We use his services time and time again for Small Business CGT, delivering incredible results to our clients. Highly recommend!

Tim Bowman

Director - Pigeonhole Software

business owner

If you need open heart surgery you don't go to your local GP, you go to a specialist. You go to the best Cardiothoracic Surgeon that you can find. Likewise, if you need the best tax advice on Small Business CGT Concessions you go to a specialist, not a generalist accountant... you go to Garth Drinkwater. Garth's expert advice was worth every cent and we're incredibly grateful that we found the right specialist that enabled us to optimise the sale of our business.

Daniel Nebauer

Founding Principal - DCN Accounting

accountant

I have engaged Garth for advice with multiple small business CGT concession events and on all occasions, he has been able to provide detailed, extremely beneficial responses which have led to our clients saving serious money. His knowledge around this complex area of tax law is second to none.

Helen Tirekidis

Director - Tirekidis Holdings

business owner

20 out of 10 !! Garth is super efficient, thorough and has an elite level of expertise and knowledge in Small Business CGT Concessions. Highly professional, super clear communicator and managed to uncover Small Business CGT Concessions that no one else could for us. I appreciated his methodical and very detailed approach, and how he was more than willing to work on weekends to meet our deadline. I cannot highly recommend him enough. What a pleasure to deal with Garth!!

Jeremy Haddad

Director - Ethique Accounting

accountant

I engaged Garth to advise on the Small Business CGT Concessions for one of my clients. As a general accountant, I knew this area required specialist expertise - and Garth delivered. His advice resulted in a tax saving of over $1,000,000. He worked collaboratively, respected my client relationship, and added real value to the outcome. I would absolutely recommend Garth to any accountant needing expert advice in respect of the Small Business CGT Concessions.

Mathew Simpson

Director - First Light Healthcare

business owner

After receiving conflicting and ultimately incorrect advice from our accountants regarding our SBCGT concession eligibility following a significant business sale, we were referred to Garth through a trusted associate. It proved to be one of the most consequential introductions of our professional lives. Garth brought immediate clarity to a situation that had caused us considerable uncertainty. From our first conversation, his command of the relevant tax rulings, case law, and practical application was unmistakable - and a stark contrast to what we had experienced elsewhere. Beyond his technical depth, Garth's communication style, structured systems, and genuine availability throughout a complex, multi-stage process gave us complete confidence that we were in expert hands. He was thorough without being inaccessible, and precise without being impersonal. His advice identified a clear, unequivocal pathway to a suite of concessions with a material and lasting impact on our financial outcomes. For any business owner facing the complexity of a significant asset sale, we recommend Garth without reservation.

Tony Croese

Proprietor - TJC Accounting

accountant

Garth's extensive knowledge of the complex Small Business CGT Concessions is second to none. He has assisted a number of clients in my firm to access the concessions and structure their sale to achieve the best tax outcome.

Gregory Singleton

Director - Total Insurance Network

business owner

Garth possesses uncommon knowledge that enabled me to leap forward at an important but uncertain juncture of my business life. This, combined with an approachable "can-do" attitude, leads me to unequivocally recommend Garth to anyone requiring his specialised skills.

Izaak de Winter

Director - Premium Business Group

accountant

Garth is the ultimate professional. We have engaged Garth on a number of occasions to assist our clients navigate the complex nature of Small Business CGT Concessions. Garth has partnered with us and our clients to achieve the best possible outcomes.

Ian Frakes

Director - I & D Future Management

business owner

I found Small Business CGT Concessions Specialists to have a great system to ascertain if your small business qualified for CGT Concessions very quickly and for me, a great result. Phone calls and emails were responded to promptly. All round, highly recommended.

Bryn Robinson

Partner - Fitzpatrick + Robinson

accountant

Thorough advice in a timeframe that impresses our clients, with full personal explanations. Thank you as always for being our trusted advisor.

Tim Flowers

Principle - Insight First Advisory

business owner

Garth's knowledge of CGT exemptions and concessions are first rate. His capacity to quickly and commercially assess the situation makes dealing with him straightforward. His capacity to communicate clearly without jargon is fantastic from a business owner's perspective! Thanks again Garth.

Peter Medwin

Director - Peron Accountants

accountant

We had a very complex CGT issue to deal with and Garth & his team were excellent. The written advice provided was detailed & thorough, enabling us to get the best result for our client. Highly recommended.

Sam Bonello

Owner - GrowUp Financial Pty Limited

business owner

Garth was a professional in all his dealings and has truly expert knowledge in this area. He made the CGT tax minefield seem like a stroll in the park and gave us the clarity to move forward with the sale of our business with confidence knowing the tax outcomes.

Trevor Dymond

Partner - Lombardi Partners

accountant

Garth is an expert in this area and we highly recommend him to anyone needing advice around the Small Business CGT Concessions.

Stephen Smith

Partner - Smith & Jennings

business owner

Garth is a very knowledgeable professional who worked closely with us to achieve our goal, which was zero CGT being payable. He worked to a tight deadline to meet our requirements, and has a friendly approach which makes it a more relaxed experience from a clients point of view. I would have absolutely no hesitation in recommending Garth and his services - we are thrilled with his work and our final CGT result. Thanks Garth!

Rochelle Hamilton

Principal - Brown Hamilton Partners

accountant

I've appreciated Garth's depth of expertise around the small business tax concessions and willingness to answer my questions and help me help my clients.... plus he's great to chat to!

Lloyd Allen

Principal - Select Property

business owner

Garth has a strong understanding of the very challenging and difficult minefield of rules, exemptions and requirements to achieve a client friendly solution to the ever present Capital Gains Tax issues that prevail with the sale of any large asset. We retained Garth to advise and understand our CGT position. Best money we ever spent!

Danny Wilkinson

Principal - Wilkinson Business Solutions

accountant

Garth was great to deal with. He provided clear information on a complex subject and it was great knowing our clients were covered by the expertise of a specialist.

Tim Stubbs

Director - WolfPeak

business owner

Garth was a godsend for us at just the right time. His advice was clear and accurate and gave us confidence as we dealt with the challenges of a growing businesss.

Frank Papallo

Director - Corbetts Chartered Accountants & Advisors

accountant

Garth was very thorough in his approach. Attention to detail was high, explanations were clear and turnaround times were excellent.

Edwin Baker

Director - Great Lakes Riverside Living Park & Terrigal Sands Lifestyle Village & Residential Park

business owner

Garth is like a dog with two bones and gets the best result possible.

Paula Hajek

Principal - Instone Accounting & Business Services

accountant

I had great service and am very happy to recommend this firm for all Small Business CGT Concession queries. Garth went above and beyond.

Peter Papageorgiou

Director - Tramere

business owner

Garth Drinkwater has a solid background in Australian Tax law. His advice and knowledge is second to none. Garth's attention to every historical detail ensured that the advice given was extremely accurate and would withstand any rigorous scrutiny.

Nathan Phipps

Owner - GPL Partners

accountant

Great service. Garth provided very detailed and professional advice that provides my client with peace of mind that they met all of the requirements for the CGT concessions.

Corinne Bowman

Director - Pigeonhole Software

business owner

Garth provided us with exceptional service and expertise. He was able to help us navigate a complicated system and get us a favourable outcome. Thank you!

Zachary Bazzano

Senior Associate - Chamber & Partners Chartered Accountants

accountant

Concise, straight to the point and value gained was more than I could have hoped for! Appreciate your work, Garth.

Hazel & Larry Shepherd

Directors - Quant Shop

business owner

Garth was always professional and explained complex matters in a way we could understand and was always happy to answer any questions we had.

Todd Hearne

Director - WSC Group

accountant

Garth was extremely professional to deal with and took the time to answer any follow up queries we had regarding the advice he delivered.

Steven Morris

Director - Lansdowne Publishing

business owner

Garth was incredibly knowledgeable, and even though in the first few minutes it was clear that he could not better my situation, due to CGT rulings, he remained engaged and helpful for the rest of our initial meeting. I would recommend him to anyone needing help, as he is clearly a straight shooter and seems as though he'd do his utmost for them.

David Chen

Director - David Chen & Associates

accountant

Garth is exceptionally helpful and possesses extensive expertise in his specialised field. I wholeheartedly recommend his services to anyone seeking assistance with Small Business CGT Concessions.

Jason Harker

Director - Ultimatum

business owner

The report we received was very detailed and we had many discussions about different tax scenarios and outcomes. Very professional and prompt service.

Dean Gordon

Partner - VMG Accounting

accountant

Garth was easy to work with and the report and advice was excellent.

Shah Hardik

Owner - TechFlow Services

business owner

Fast, efficient, knowledgeable, friendly. I am glad to recommend Small Business CGT Concessions Specialists and Garth to any small business owner considering a sale of business. Garth is extremely knowledgeable with CGT concession laws and provides efficiency, professionalism and the comfort of knowing your taxes are being handled legally whilst ensuring the most efficient outcome.

Peter Malanos

Director - Malanos + Co

accountant

Garth takes the stress out of what is a complex subject.

Robyn McLennan

Owner - Easy Living Footwear

business owner

I was needing expert help with the eligibility for CGT concessions regarding an exit plan for our rural business and retail stores. I found Garth from Small Business CGT Concessions Specialists extremely supportive and professional from our first contact. He listened to our future goals and gathered information so he could see if there were any concessions available. He was super efficient and even when circumstances changed he was very helpful and happy to help us navigate the changes. I would 100% recommend Garth to anyone who needs help with Capital Gains Tax advice.

Shane Mackenzie

Director - Mackenzie and Partners Advisory

accountant

Garth's knowledge of what is a particularly complex area of tax law is impressive, and he was extremely helpful with a client's transaction.

Dianne Alex

Owner - Apex Training Solutions

business owner

Garth has very deep expertise in the Small Business CGT Concessions. He was methodical in his approach, extremely responsive, completed the engagement expeditiously and was generous with his time and follow-up availability. I highly recommend Garth to anybody who requires deep and professional expertise in this area of tax law.

Andrew Douglas

Director - Hales Redden Chartered Accountants

accountant

Expert advice. A simple process. Great outcomes.

Gus Walsgott

Owner - Willow Village

business owner

Garth was very professional and approachable. His technical knowledge was brilliant, you just knew he was a person who knew what he was talking about.

Tim Mackenzie

Director - KLM Accountants

accountant

Garth got to the core of our issue within 24 hours of our enquiry on a Saturday and whilst it wasn't the desired outcome it allowed us to immediately continue with our client's transaction knowing fully the CGT position. Thanks Garth.

Heather Rowe

Executor

business owner

Garth provided us with expert advice and a clear outcome of our position with respect to capital gains tax relating to our late father's estate. He was responsive and concise and led us through his well defined process of gathering the information for the determination of the outcome which he provided in his report.

Wayne Watt

Partner - BNW Accountants

accountant

Saved my clients big dollars!!

Dr Shwan Pang

Director - Private Company

business owner

I had the pleasure of receiving valuable advice from Garth regarding the CGT concession during the process of selling my business. His expertise and clear guidance made a significant difference, ensuring I maximized my benefits while staying compliant. Highly recommend Garth for anyone needing professional and insightful financial advice!

Tony Dutton

Principal - Concept Accountants

accountant

Great to have an expert work us through this complex area.

Nick Condell

business owner

We had a CGT problem involving a family farm small business and multiple complicating factors. SBCGTCS were able to clearly and quickly outline our position and options in a way that gave the family confidence in our approach.

Barry Ireland

Principal - BJIA Chartered Accountants

accountant

Garth was very thorough in his analysis for a complex Small Business Capital Gains situation for one our clients. His knowledge in this area is unmatched.

Mark Harrison

Director and Executor

business owner

Helpful approach and understanding of what was needed both in detail and for the bigger picture overview. Technically excellent and well communicated advice.

Frank Khouri

Director - HG Khouri & Associates

accountant

We have used the Small Business CGT Concessions Specialists on a number of engagements and have found they provide solutions to complex issues.

David Cramer

Owner - Cecil Walker Cycles

business owner

Garth has been exceptionally professional and extremely helpful during the whole advice process.

Ray Hart

Director - Catalise

professional advisor

Garth was very efficient to respond and answer my questions. In doing so he has guided me in the right direction. I will have no hesitation in calling on him again in the future.

Varun Ramesh

Owner - Geo Targetly

business owner

Garth is always willing and ready to help! His expertise in small business CGT concessions and business sale taxation means you can get your answers quickly. I strongly recommend speaking to him before deciding to exit your business.

Chad Rapsey

Founder / Director - Rapsey Griffiths

professional advisor

Very happy with the service, communication and delivery of the advice. Would recommend.

Roger Allanson

Mountain Whispers

business owner

Very efficient & comprehensive experience - Garth is definitely on top of his game and delivers an extremely reliable & professional service.

Sandra Argent

accountant

The assistance and advice Garth has provided me with has been invaluable. I can't thank him enough for his guidence in the CGT minefield we find ourselves in today. I highly recommend Garth and his services he provides.

Sarah Cairns

Owner - Tilt Commercial

business owner

Garth was professional, efficient and incredibly helpful - he went above and beyond to support us through the Small Business CGT process. Thank you, Garth!

Ruth Anderson

Director - Anderson TBS

accountant

Garth provided an efficient and comprehensive service at the eleventh hour to achieve a considerable tax saving for my clients. I highly recommend Garth's services to any accountant looking for support in dealing with this complex topic.

Sam Watts

Owner - New Crown Hotel

business owner

Practical, easy to comprehend advice that left me feeling quite confident that all bases are covered should the ATO come calling.

Peter Lowe

Director - Taylor Lowe

accountant

Garth was extremely thorough in his approach when assisting with our client's situations. All scenarios were explored and information was provided in a timely manner.

David Attwells

Director - D G A Investments

business owner

Garth is very professional and certainly is a specialist on small business CGT... I certainly will be recommending him to any of my friends that need any advice on CGT.. Thank you Garth.

Jennifer Burns

Founding Partner - Counting Numbers

accountant

The subject of Small Business CGT Concessions is complex and so I very much appreciated the ability to have a discussion with Garth to check on a key issue for a client. His knowledge and agility on this subject matter made getting a second opinion worthwhile.

Larry Robertson

Director - Style Conferences International

business owner

Garth's business is unique and provides a valuable service to any small business owner looking to move on to the next phase of their life. Garth himself is very knowledgable, highly responsive and a pleasure to work with.

Jenny Ward

Director - Benson Partners

accountant

Garth was very helpful and knowledgeable. He was quick to assess the situation and direct us to an answer. Very professional and transparent. We wouldn't hesitate to engage him in the future.

David Finn

Director

business owner

While the government offers some meaningful CGT tax concessions for small business owners, the complexity of the rules, the tests, and the interactions between entities and related parties requires a high level of specialist investigation to ensure the concession conforms to the tax regulations. Garth is the most trusted expert in this field.

Sebastian Romeo

Principal - Sebastian Romeo Accountant

accountant

Garth provided me with the concise answers to all of my CGT Retirement Exemption questions and made my task so much easier. His knowledge in this area is outstanding and I strongly recommend him to anyone needing Small Business CGT assistance.

James Roderick

business owner

I would certainly recommend Garth’s services to help navigate the complex details behind CGT laws. Often what appears at first to be simple can have many traps for those who do not plan and execute their dealings with the tax rules in mind. Having plenty of experience within the ATO definitely helps, and Garth was able to clearly explain and recommend the best course of action.

Jason Darko

Partner - Darko + Partners

accountant

Easy to converse with and gave alternative recommendations even when the prime objective was not workable. Showed great knowledge and showed great interest in the client still achieving some solution. Great Job Garth :) Will work with you again. JD

Janelle Fenwick

Owner

business owner

I highly recommend Garth who was extremely knowledgeable on Small Business CGT concessions. In a brief call he evaluated our position, shared his informative website complete with tax rules and flowchart, applied tax rules to our situation and provided a strategy for us.

Christina Phaedonos

Principal - C Christou & Assocs

accountant

Very professional and easy to communicate with. Garth was a pleasure to deal with.

Allan Clarke

Owner - Growers' Own

business owner

The rules and various tests relating to the SBCGT Exemptions look complex. Garth will demystify and explain the laws and various tests, what will be required to satisfy the tests, and do it promptly and systematically. Highly recommended.

Tony Peng Lin

Trustee - PM Family Trust

business owner

Guided us through step by step, answered all the key questions in plain English, willing to follow up when transaction happens. Highly recommended for SBCGT concessions professional services.

Terry Hogan

Director - Property & Forensic Assessing

business owner

The service provided by Garth was very timely and the process for collecting information was efficient. I would recommend Small Business CGT Concession Specialists to other businesses looking for CGT advice.

David Lau

business owner

Garth was extremely helpful and provided the professional service that we were hoping for!

Kosta Patsan

Owner - EasyLodge

business owner

Thanks for the advice, Garth. Clear, concise and to the point, without any fluff. A pleasure to deal with.

Dhwani Shah

Owner - Agency 168

business owner

Garth is so knowledgeable and thorough. I highly recommend his services.

Sean O'Kane

Director - Medical Financial Group

business owner

Very professional and prompt, would highly recommend Garth's services.

Tamara Pratt

Owner

business owner

Garth was very responsive to my request and his information and advice was invaluable.

Chris Batson

Owner

business owner

Garth was really knowledgeable and a great help with sound advice.

Tim Connolly

Director - Central West Plumbing

business owner

Garth was great with the advice he has given us, and more than happy to respond to our questions and to take the time necessary to make sure we got our desired outcome!

George Hlawaty

Primary Producer

business owner

Timely, effective advice.

Simon Gadd

Director - Connor Consulting

business owner

Garth was great. Responsive, honest and transparent from a perspective of his area of expertise. Garth facilitated an introduction to another industry expert to support my enquiry. Thanks again Garth.

Paul Hermann

Director - Berea Park Financial

business owner

Very informative and collaborative thoroughly recommended as a first touch.

Paul Adams

Director - Asia Pacific Shipping

business owner

Garth knows CGT!

Dylan O'Neill

Director - Solitary Island Resort

business owner

Persistent and getting us on a obligation free meeting and had very valuable information and insights to share.

Samantha Meggs

Owner

business owner

A great source of information that has saved over $1M in CGT and the ability to transfer large sums to superannuation.

Stephan and Julie Spyrou

Owner

business owner

Garth was professional and so knowledgeable! The way in which Garth explained the CGT and tax system was outstanding! His patience in really listening to us and answering our questions is commendable. We highly recommend Garth. Thank you.

Im Chan

Precision Mining

business owner

I think even Garth himself does not know how invaluable his advice is.... Garth is worth every cent.

Debbie Grech

Owner - Uptop Roofing

business owner

Garth was very helpful, knowledgeable and professional - I would highly recommend.

Glenda Marshall

Primary Producer

business owner

Very satisfied with Garth's in-depth advice, and have confidence in his expertise in this specialised area.

David Miller

Principal - Western Edge IT

business owner

Spent 30 minutes with Garth in which he reviewed my business structure and my plan to realize a CGT event in the next 12 months. Garth provided guidance on the small business CGT concession, and its applicability to my circumstances. Unfortunately, I will not qualify for the CGT concession, but I genuinely appreciate his honest feedback which has saved me a lot of time obtaining this clear guidance in a complicated area of taxation law.

Alice O'Hara

business owner

We found Garth to be extremely knowledgeable and helpful. Garth quickly assessed our needs and was transparent in how he could assist us.

Bruce McLennan

business owner

Garth "knew his stuff" about CGT and eligibility requirements for the 15 year active asset concessional treatment of capital gains; the CGT flowchart to assess eligibility for CGT concessions was also very informative. Thankyou.

Gray Quinn

Owner - Catch-e

business owner

Garth was very quick to assess our situation and provide valuable feedback that fully answered our questions. Clearly an expert in his field. Thanks again Garth.

Rhea Muddaiah

Owner - IGA Franchise

business owner

Garth was approachable and clearly explained the various concessions applicable to us. He is also very prompt in getting back to any questions.

Paul Copeland

Director - N.G. Brown & Associates

business owner

Garth was attentive and helpful with timely answers and ideas to assist with the sale of our business. Highly recommended.

Tom Mckeown

Primary Producer

business owner

Couldn't be more helpful and was very open and easy to talk to. Would have no drama referring people to speak to Garth.

Matthew Blyth

Owner - Brisbane Hospitality

business owner

Very precise and direct which I like. Was very helpful and reassuring.

Robert Ross

Director - Ross Financial Advisers Pty Ltd

business owner

Impressed that Garth was happy to invest time trying to give me advice to sort out my tax issue without wanting to charge a fee for a verbal discussion.

Nick Ryan

Primary Producer

business owner

Highly recommend.

Nicole Inglis

Primary Producer

business owner

Experienced, professional and timely advice - thank you.

Michael Gliana

Owner - BroadSource

business owner

Straight and knowledgeable advice.

Jake Hartin

Franchiser - Franchise Business

business owner

Very professional and informative.

Julie-Anne Ellem

Director - Catalyst Plus

accountant

After trying several other options for my clients, Garth is the go to man for Small Business CGT advice. Straight forward, smart and very efficient. Garth is not only an expert in his field, his streamlined and systemised data collection methods has made getting this advice for my clients the most efficient I've found. He's delivered robust advice within 3 weeks that other 'specialists' have taken 18+ months to do. His biggest value to myself and customers (outside the tax benefits) is his ability to explain very complex issues in a simplified manner to my clients. We use his services time and time again for Small Business CGT, delivering incredible results to our clients. Highly recommend!
Tim Bowman

Director - Pigeonhole Software

business owner

If you need open heart surgery you don't go to your local GP, you go to a specialist. You go to the best Cardiothoracic Surgeon that you can find. Likewise, if you need the best tax advice on Small Business CGT Concessions you go to a specialist, not a generalist accountant... you go to Garth Drinkwater. Garth's expert advice was worth every cent and we're incredibly grateful that we found the right specialist that enabled us to optimise the sale of our business.
Daniel Nebauer

Founding Principal - DCN Accounting

accountant

I have engaged Garth for advice with multiple small business CGT concession events and on all occasions, he has been able to provide detailed, extremely beneficial responses which have led to our clients saving serious money. His knowledge around this complex area of tax law is second to none.
Helen Tirekidis

Director - Tirekidis Holdings

business owner

20 out of 10 !! Garth is super efficient, thorough and has an elite level of expertise and knowledge in Small Business CGT Concessions. Highly professional, super clear communicator and managed to uncover Small Business CGT Concessions that no one else could for us. I appreciated his methodical and very detailed approach, and how he was more than willing to work on weekends to meet our deadline. I cannot highly recommend him enough. What a pleasure to deal with Garth!!
Jeremy Haddad

Director - Ethique Accounting

accountant

I engaged Garth to advise on the Small Business CGT Concessions for one of my clients. As a general accountant, I knew this area required specialist expertise - and Garth delivered. His advice resulted in a tax saving of over $1,000,000. He worked collaboratively, respected my client relationship, and added real value to the outcome. I would absolutely recommend Garth to any accountant needing expert advice in respect of the Small Business CGT Concessions.
Mathew Simpson

Director - First Light Healthcare

business owner

After receiving conflicting and ultimately incorrect advice from our accountants regarding our SBCGT concession eligibility following a significant business sale, we were referred to Garth through a trusted associate. It proved to be one of the most consequential introductions of our professional lives. Garth brought immediate clarity to a situation that had caused us considerable uncertainty. From our first conversation, his command of the relevant tax rulings, case law, and practical application was unmistakable - and a stark contrast to what we had experienced elsewhere. Beyond his technical depth, Garth's communication style, structured systems, and genuine availability throughout a complex, multi-stage process gave us complete confidence that we were in expert hands. He was thorough without being inaccessible, and precise without being impersonal. His advice identified a clear, unequivocal pathway to a suite of concessions with a material and lasting impact on our financial outcomes. For any business owner facing the complexity of a significant asset sale, we recommend Garth without reservation.
Tony Croese

Proprietor - TJC Accounting

accountant

Garth's extensive knowledge of the complex Small Business CGT Concessions is second to none. He has assisted a number of clients in my firm to access the concessions and structure their sale to achieve the best tax outcome.
Gregory Singleton

Director - Total Insurance Network

business owner

Garth possesses uncommon knowledge that enabled me to leap forward at an important but uncertain juncture of my business life. This, combined with an approachable "can-do" attitude, leads me to unequivocally recommend Garth to anyone requiring his specialised skills.
Izaak de Winter

Director - Premium Business Group

accountant

Garth is the ultimate professional. We have engaged Garth on a number of occasions to assist our clients navigate the complex nature of Small Business CGT Concessions. Garth has partnered with us and our clients to achieve the best possible outcomes.
Ian Frakes

Director - I & D Future Management

business owner

I found Small Business CGT Concessions Specialists to have a great system to ascertain if your small business qualified for CGT Concessions very quickly and for me, a great result. Phone calls and emails were responded to promptly. All round, highly recommended.
Bryn Robinson

Partner - Fitzpatrick + Robinson

accountant

Thorough advice in a timeframe that impresses our clients, with full personal explanations. Thank you as always for being our trusted advisor.
Tim Flowers

Principle - Insight First Advisory

business owner

Garth's knowledge of CGT exemptions and concessions are first rate. His capacity to quickly and commercially assess the situation makes dealing with him straightforward. His capacity to communicate clearly without jargon is fantastic from a business owner's perspective! Thanks again Garth.
Peter Medwin

Director - Peron Accountants

accountant

We had a very complex CGT issue to deal with and Garth & his team were excellent. The written advice provided was detailed & thorough, enabling us to get the best result for our client. Highly recommended.
Sam Bonello

Owner - GrowUp Financial Pty Limited

business owner

Garth was a professional in all his dealings and has truly expert knowledge in this area. He made the CGT tax minefield seem like a stroll in the park and gave us the clarity to move forward with the sale of our business with confidence knowing the tax outcomes.
Trevor Dymond

Partner - Lombardi Partners

accountant

Garth is an expert in this area and we highly recommend him to anyone needing advice around the Small Business CGT Concessions.
Stephen Smith

Partner - Smith & Jennings

business owner

Garth is a very knowledgeable professional who worked closely with us to achieve our goal, which was zero CGT being payable. He worked to a tight deadline to meet our requirements, and has a friendly approach which makes it a more relaxed experience from a clients point of view. I would have absolutely no hesitation in recommending Garth and his services - we are thrilled with his work and our final CGT result. Thanks Garth!
Rochelle Hamilton

Principal - Brown Hamilton Partners

accountant

I've appreciated Garth's depth of expertise around the small business tax concessions and willingness to answer my questions and help me help my clients.... plus he's great to chat to!
Lloyd Allen

Principal - Select Property

business owner

Garth has a strong understanding of the very challenging and difficult minefield of rules, exemptions and requirements to achieve a client friendly solution to the ever present Capital Gains Tax issues that prevail with the sale of any large asset. We retained Garth to advise and understand our CGT position. Best money we ever spent!
Danny Wilkinson

Principal - Wilkinson Business Solutions

accountant

Garth was great to deal with. He provided clear information on a complex subject and it was great knowing our clients were covered by the expertise of a specialist.
Tim Stubbs

Director - WolfPeak

business owner

Garth was a godsend for us at just the right time. His advice was clear and accurate and gave us confidence as we dealt with the challenges of a growing businesss.
Frank Papallo

Director - Corbetts Chartered Accountants & Advisors

accountant

Garth was very thorough in his approach. Attention to detail was high, explanations were clear and turnaround times were excellent.
Edwin Baker

Director - Great Lakes Riverside Living Park & Terrigal Sands Lifestyle Village & Residential Park

business owner

Garth is like a dog with two bones and gets the best result possible.
Paula Hajek

Principal - Instone Accounting & Business Services

accountant

I had great service and am very happy to recommend this firm for all Small Business CGT Concession queries. Garth went above and beyond.
Peter Papageorgiou

Director - Tramere

business owner

Garth Drinkwater has a solid background in Australian Tax law. His advice and knowledge is second to none. Garth's attention to every historical detail ensured that the advice given was extremely accurate and would withstand any rigorous scrutiny.
Nathan Phipps

Owner - GPL Partners

accountant

Great service. Garth provided very detailed and professional advice that provides my client with peace of mind that they met all of the requirements for the CGT concessions.
Corinne Bowman

Director - Pigeonhole Software

business owner

Garth provided us with exceptional service and expertise. He was able to help us navigate a complicated system and get us a favourable outcome. Thank you!
Zachary Bazzano

Senior Associate - Chamber & Partners Chartered Accountants

accountant

Concise, straight to the point and value gained was more than I could have hoped for! Appreciate your work, Garth.
Hazel & Larry Shepherd

Directors - Quant Shop

business owner

Garth was always professional and explained complex matters in a way we could understand and was always happy to answer any questions we had.
Todd Hearne

Director - WSC Group

accountant

Garth was extremely professional to deal with and took the time to answer any follow up queries we had regarding the advice he delivered.
Steven Morris

Director - Lansdowne Publishing

business owner

Garth was incredibly knowledgeable, and even though in the first few minutes it was clear that he could not better my situation, due to CGT rulings, he remained engaged and helpful for the rest of our initial meeting. I would recommend him to anyone needing help, as he is clearly a straight shooter and seems as though he'd do his utmost for them.
David Chen

Director - David Chen & Associates

accountant

Garth is exceptionally helpful and possesses extensive expertise in his specialised field. I wholeheartedly recommend his services to anyone seeking assistance with Small Business CGT Concessions.
Jason Harker

Director - Ultimatum

business owner

The report we received was very detailed and we had many discussions about different tax scenarios and outcomes. Very professional and prompt service.
Dean Gordon

Partner - VMG Accounting

accountant

Garth was easy to work with and the report and advice was excellent.
Shah Hardik

Owner - TechFlow Services

business owner

Fast, efficient, knowledgeable, friendly. I am glad to recommend Small Business CGT Concessions Specialists and Garth to any small business owner considering a sale of business. Garth is extremely knowledgeable with CGT concession laws and provides efficiency, professionalism and the comfort of knowing your taxes are being handled legally whilst ensuring the most efficient outcome.
Peter Malanos

Director - Malanos + Co

accountant

Garth takes the stress out of what is a complex subject.
Robyn McLennan

Owner - Easy Living Footwear

business owner

I was needing expert help with the eligibility for CGT concessions regarding an exit plan for our rural business and retail stores. I found Garth from Small Business CGT Concessions Specialists extremely supportive and professional from our first contact. He listened to our future goals and gathered information so he could see if there were any concessions available. He was super efficient and even when circumstances changed he was very helpful and happy to help us navigate the changes. I would 100% recommend Garth to anyone who needs help with Capital Gains Tax advice.
Shane Mackenzie

Director - Mackenzie and Partners Advisory

accountant

Garth's knowledge of what is a particularly complex area of tax law is impressive, and he was extremely helpful with a client's transaction.
Dianne Alex

Owner - Apex Training Solutions

business owner

Garth has very deep expertise in the Small Business CGT Concessions. He was methodical in his approach, extremely responsive, completed the engagement expeditiously and was generous with his time and follow-up availability. I highly recommend Garth to anybody who requires deep and professional expertise in this area of tax law.
Andrew Douglas

Director - Hales Redden Chartered Accountants

accountant

Expert advice. A simple process. Great outcomes.
Gus Walsgott

Owner - Willow Village

business owner

Garth was very professional and approachable. His technical knowledge was brilliant, you just knew he was a person who knew what he was talking about.
Tim Mackenzie

Director - KLM Accountants

accountant

Garth got to the core of our issue within 24 hours of our enquiry on a Saturday and whilst it wasn't the desired outcome it allowed us to immediately continue with our client's transaction knowing fully the CGT position. Thanks Garth.
Heather Rowe

Executor

business owner

Garth provided us with expert advice and a clear outcome of our position with respect to capital gains tax relating to our late father's estate. He was responsive and concise and led us through his well defined process of gathering the information for the determination of the outcome which he provided in his report.
Wayne Watt

Partner - BNW Accountants

accountant

Saved my clients big dollars!!
Dr Shwan Pang

Director - Private Company

business owner

I had the pleasure of receiving valuable advice from Garth regarding the CGT concession during the process of selling my business. His expertise and clear guidance made a significant difference, ensuring I maximized my benefits while staying compliant. Highly recommend Garth for anyone needing professional and insightful financial advice!
Tony Dutton

Principal - Concept Accountants

accountant

Great to have an expert work us through this complex area.
Nick Condell

business owner

We had a CGT problem involving a family farm small business and multiple complicating factors. SBCGTCS were able to clearly and quickly outline our position and options in a way that gave the family confidence in our approach.
Barry Ireland

Principal - BJIA Chartered Accountants

accountant

Garth was very thorough in his analysis for a complex Small Business Capital Gains situation for one our clients. His knowledge in this area is unmatched.
Mark Harrison

Director and Executor

business owner

Helpful approach and understanding of what was needed both in detail and for the bigger picture overview. Technically excellent and well communicated advice.
Frank Khouri

Director - HG Khouri & Associates

accountant

We have used the Small Business CGT Concessions Specialists on a number of engagements and have found they provide solutions to complex issues.
David Cramer

Owner - Cecil Walker Cycles

business owner

Garth has been exceptionally professional and extremely helpful during the whole advice process.
Ray Hart

Director - Catalise

professional advisor

Garth was very efficient to respond and answer my questions. In doing so he has guided me in the right direction. I will have no hesitation in calling on him again in the future.
Varun Ramesh

Owner - Geo Targetly

business owner

Garth is always willing and ready to help! His expertise in small business CGT concessions and business sale taxation means you can get your answers quickly. I strongly recommend speaking to him before deciding to exit your business.
Chad Rapsey

Founder / Director - Rapsey Griffiths

professional advisor

Very happy with the service, communication and delivery of the advice. Would recommend.
Roger Allanson

Mountain Whispers

business owner

Very efficient & comprehensive experience - Garth is definitely on top of his game and delivers an extremely reliable & professional service.
Sandra Argent

accountant

The assistance and advice Garth has provided me with has been invaluable. I can't thank him enough for his guidence in the CGT minefield we find ourselves in today. I highly recommend Garth and his services he provides.
Sarah Cairns

Owner - Tilt Commercial

business owner

Garth was professional, efficient and incredibly helpful - he went above and beyond to support us through the Small Business CGT process. Thank you, Garth!
Ruth Anderson

Director - Anderson TBS

accountant

Garth provided an efficient and comprehensive service at the eleventh hour to achieve a considerable tax saving for my clients. I highly recommend Garth's services to any accountant looking for support in dealing with this complex topic.
Sam Watts

Owner - New Crown Hotel

business owner

Practical, easy to comprehend advice that left me feeling quite confident that all bases are covered should the ATO come calling.
Peter Lowe

Director - Taylor Lowe

accountant

Garth was extremely thorough in his approach when assisting with our client's situations. All scenarios were explored and information was provided in a timely manner.
David Attwells

Director - D G A Investments

business owner

Garth is very professional and certainly is a specialist on small business CGT... I certainly will be recommending him to any of my friends that need any advice on CGT.. Thank you Garth.
Jennifer Burns

Founding Partner - Counting Numbers

accountant

The subject of Small Business CGT Concessions is complex and so I very much appreciated the ability to have a discussion with Garth to check on a key issue for a client. His knowledge and agility on this subject matter made getting a second opinion worthwhile.
Larry Robertson

Director - Style Conferences International

business owner

Garth's business is unique and provides a valuable service to any small business owner looking to move on to the next phase of their life. Garth himself is very knowledgable, highly responsive and a pleasure to work with.
Jenny Ward

Director - Benson Partners

accountant

Garth was very helpful and knowledgeable. He was quick to assess the situation and direct us to an answer. Very professional and transparent. We wouldn't hesitate to engage him in the future.
David Finn

Director

business owner

While the government offers some meaningful CGT tax concessions for small business owners, the complexity of the rules, the tests, and the interactions between entities and related parties requires a high level of specialist investigation to ensure the concession conforms to the tax regulations. Garth is the most trusted expert in this field.
Sebastian Romeo

Principal - Sebastian Romeo Accountant

accountant

Garth provided me with the concise answers to all of my CGT Retirement Exemption questions and made my task so much easier. His knowledge in this area is outstanding and I strongly recommend him to anyone needing Small Business CGT assistance.
James Roderick

business owner

I would certainly recommend Garth’s services to help navigate the complex details behind CGT laws. Often what appears at first to be simple can have many traps for those who do not plan and execute their dealings with the tax rules in mind. Having plenty of experience within the ATO definitely helps, and Garth was able to clearly explain and recommend the best course of action.
Jason Darko

Partner - Darko + Partners

accountant

Easy to converse with and gave alternative recommendations even when the prime objective was not workable. Showed great knowledge and showed great interest in the client still achieving some solution. Great Job Garth :) Will work with you again. JD
Janelle Fenwick

Owner

business owner

I highly recommend Garth who was extremely knowledgeable on Small Business CGT concessions. In a brief call he evaluated our position, shared his informative website complete with tax rules and flowchart, applied tax rules to our situation and provided a strategy for us.
Christina Phaedonos

Principal - C Christou & Assocs

accountant

Very professional and easy to communicate with. Garth was a pleasure to deal with.
Allan Clarke

Owner - Growers' Own

business owner

The rules and various tests relating to the SBCGT Exemptions look complex. Garth will demystify and explain the laws and various tests, what will be required to satisfy the tests, and do it promptly and systematically. Highly recommended.
Tony Peng Lin

Trustee - PM Family Trust

business owner

Guided us through step by step, answered all the key questions in plain English, willing to follow up when transaction happens. Highly recommended for SBCGT concessions professional services.
Terry Hogan

Director - Property & Forensic Assessing

business owner

The service provided by Garth was very timely and the process for collecting information was efficient. I would recommend Small Business CGT Concession Specialists to other businesses looking for CGT advice.
David Lau

business owner

Garth was extremely helpful and provided the professional service that we were hoping for!
Kosta Patsan

Owner - EasyLodge

business owner

Thanks for the advice, Garth. Clear, concise and to the point, without any fluff. A pleasure to deal with.
Dhwani Shah

Owner - Agency 168

business owner

Garth is so knowledgeable and thorough. I highly recommend his services.
Sean O'Kane

Director - Medical Financial Group

business owner

Very professional and prompt, would highly recommend Garth's services.
Tamara Pratt

Owner

business owner

Garth was very responsive to my request and his information and advice was invaluable.
Chris Batson

Owner

business owner

Garth was really knowledgeable and a great help with sound advice.
Tim Connolly

Director - Central West Plumbing

business owner

Garth was great with the advice he has given us, and more than happy to respond to our questions and to take the time necessary to make sure we got our desired outcome!
George Hlawaty

Primary Producer

business owner

Timely, effective advice.
Simon Gadd

Director - Connor Consulting

business owner

Garth was great. Responsive, honest and transparent from a perspective of his area of expertise. Garth facilitated an introduction to another industry expert to support my enquiry. Thanks again Garth.
Paul Hermann

Director - Berea Park Financial

business owner

Very informative and collaborative thoroughly recommended as a first touch.
Paul Adams

Director - Asia Pacific Shipping

business owner

Garth knows CGT!
Dylan O'Neill

Director - Solitary Island Resort

business owner

Persistent and getting us on a obligation free meeting and had very valuable information and insights to share.
Samantha Meggs

Owner

business owner

A great source of information that has saved over $1M in CGT and the ability to transfer large sums to superannuation.
Stephan and Julie Spyrou

Owner

business owner

Garth was professional and so knowledgeable! The way in which Garth explained the CGT and tax system was outstanding! His patience in really listening to us and answering our questions is commendable. We highly recommend Garth. Thank you.
Im Chan

Precision Mining

business owner

I think even Garth himself does not know how invaluable his advice is.... Garth is worth every cent.
Debbie Grech

Owner - Uptop Roofing

business owner

Garth was very helpful, knowledgeable and professional - I would highly recommend.
Glenda Marshall

Primary Producer

business owner

Very satisfied with Garth's in-depth advice, and have confidence in his expertise in this specialised area.
David Miller

Principal - Western Edge IT

business owner

Spent 30 minutes with Garth in which he reviewed my business structure and my plan to realize a CGT event in the next 12 months. Garth provided guidance on the small business CGT concession, and its applicability to my circumstances. Unfortunately, I will not qualify for the CGT concession, but I genuinely appreciate his honest feedback which has saved me a lot of time obtaining this clear guidance in a complicated area of taxation law.
Alice O'Hara

business owner

We found Garth to be extremely knowledgeable and helpful. Garth quickly assessed our needs and was transparent in how he could assist us.
Bruce McLennan

business owner

Garth "knew his stuff" about CGT and eligibility requirements for the 15 year active asset concessional treatment of capital gains; the CGT flowchart to assess eligibility for CGT concessions was also very informative. Thankyou.
Gray Quinn

Owner - Catch-e

business owner

Garth was very quick to assess our situation and provide valuable feedback that fully answered our questions. Clearly an expert in his field. Thanks again Garth.
Rhea Muddaiah

Owner - IGA Franchise

business owner

Garth was approachable and clearly explained the various concessions applicable to us. He is also very prompt in getting back to any questions.
Paul Copeland

Director - N.G. Brown & Associates

business owner

Garth was attentive and helpful with timely answers and ideas to assist with the sale of our business. Highly recommended.
Tom Mckeown

Primary Producer

business owner

Couldn't be more helpful and was very open and easy to talk to. Would have no drama referring people to speak to Garth.
Matthew Blyth

Owner - Brisbane Hospitality

business owner

Very precise and direct which I like. Was very helpful and reassuring.
Robert Ross

Director - Ross Financial Advisers Pty Ltd

business owner

Impressed that Garth was happy to invest time trying to give me advice to sort out my tax issue without wanting to charge a fee for a verbal discussion.
Nick Ryan

Primary Producer

business owner

Highly recommend.
Nicole Inglis

Primary Producer

business owner

Experienced, professional and timely advice - thank you.
Michael Gliana

Owner - BroadSource

business owner

Straight and knowledgeable advice.
Jake Hartin

Franchiser - Franchise Business

business owner

Very professional and informative.

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Navigating Small Business CGT Concessions for Clients: What Every Adviser Should Know

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Navigating Small Business CGT Concessions for Clients: What Every Adviser Should Know.

About

Garth Drinkwater

Garth partners with accountants and financial advisers nationwide to provide precise small business CGT concession guidance.

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