Whilst capital gains tax can strike fear into the heart of most sellers, there are some really great concessions available to business owners that are well prepared prior to listing.
I caught up with John Knight, Managing Director of businessDEPOT, to chat about the implications of capital gains tax [CGT] on the sale of rent rolls and/or agencies.
John says the most important step is to get the right advice prior to listing your rent roll and/or agency for sale. Taking the early steps is critical to ensure your structure is optimising the CGT concessions and thus minimising the tax payable.
For more details on the CGT concessions available please click on the video below or for a confidential discussion with an experienced tax consultant, you can get in touch with us at oneplace@businessdepot.com.au or by giving us a buzz on 1300 BDEPOT.
general advice disclaimer
The information provided on this website is a brief overview and does not constitute any type of advice. We endeavour to ensure that the information provided is accurate however information may become outdated as legislation, policies, regulations and other considerations constantly change. Individuals must not rely on this information to make a financial, investment or legal decision. Please consult with an appropriate professional before making any decision.
Originally authored, and video hosted by Alan Dawson.