Frequently Asked Questions
When should my vendor clients speak to you?
Ideally 12–24 months before they plan to sell. The small business CGT concessions have eligibility conditions that take time to satisfy. The earlier we’re involved, the more options are available.
What are the small business CGT concessions?
There are four: the 15-year exemption (tax-free if you’ve held the business for 15+ years and are retiring), the 50% active asset reduction, the retirement exemption (up to $500K tax-free into super), and the rollover relief. Which ones apply depends on the structure and the owner’s situation.
Asset sale vs. share sale — what’s the difference?
In an asset sale, the buyer acquires specific assets and the seller pays tax on the gain. In a share sale, the buyer acquires the company and the seller may access the CGT discount. The tax implications differ significantly for both parties and should be negotiated with this in mind.
How does the referral process work?
A warm introduction via email works perfectly. We take it from there, act professionally, and treat every referral as a reflection of your reputation with that client.