Plan your business sale early to maximise your after tax return

Current as of December 2014 Last month we discussed retirement planning, and the need to get in early to make sure you’ve done all you can to maximise your wealth and can enjoy the lifestyle you want when you retire. For entrepreneurs, part of this is regularly reviewing your business structure to ensure that it provides both asset protection and … Read More

CGT concessions available to small businesses

Current as of December 2014   On 21 September 1999 the tax office brought in measures to assist the small business community and effectively provide concessions on the amount of Capital Gains Tax (CGT) payable on the sale of a business. There are four main concessions available which we will discuss below. To access any of these concessions there are … Read More