News
Big changes proposed to eligibility for the CGT SBCs
The Treasurer has released draft legislation containing new “integrity improvements” to the CGT small business concessions (‘SBCs’) (i.e., including the 15-year exemption, the retirement exemption, the 50% active asset reduction and the small business roll-over).
2019/20 Federal Budget
There are a number of initiatives for Australian businesses including:
- Increasing the instant asset write-off threshold to $30,000.
- Expanding access to medium sized businesses with an annual turnover of less than $50 million to help them reinvest in their business, employ more workers and grow.
- The $3.5 million Making Innovation Games National measure will pilot a national version of this initiative. The Games will bring together small
How to sell your business
We’re often asked the best way to sell a business.
There are two key components at play in the sale of a business: structuring the transaction; and positioning the business to the market. Both elements are important and can significantly impact your result.
