The Active Asset Test is a requirement for accessing the 50% Active Asset Reduction, Retirement Exemption, and Roll-over Relief under Division 152 of the ITAA 1997. An asset is an active asset if it is used or held ready for use in the course of carrying on a business. For the test to be satisfied, the asset must have been an active asset for at least half of the period it has been owned, or for at least 7.5 years if the ownership period exceeds 15 years. ChangeGPS CGT helps you determine whether the Active Asset Test is met through the eligibility questionnaire in Step 3 — Eligibility. The Active Asset Period Calculator in that step allows you to enter the periods when the asset was and was not active, so the app can verify the qualifying period accurately.