Tax and the Sale of Businesses and Business Assets

Price (incl GST)
Members price $165.00
Non-Members price $200.00
Students price $99.00

All delegates must be registered to be able to participate in training and to be eligible to receive qualifying hours.


Overview

A lack of proper planning and failures of due diligence can seriously impact the outcome of the sale or purchase of a business. Business owners often fail to consider the tax implications and exit strategies to adopt when looking to divest themselves of their business interests. On the other side of the transaction, Caveat Emptor always applies for business buyers.

In this session Peter Adams specifically focuses on the income tax, CGT and GST tips, traps, pitfalls and planning strategies associated with buying and selling businesses.

Attendees will gain a comprehensive understanding of the key tax issues associated with buying and selling a business.

Testimonial:

"Peter didn't just read the slides, he explained things as he went along."

Topics Covered

  • Legal and tax characteristics of corporate entities as business vehicles
  • Legal and tax characteristics of sole proprietorships, trusts and partnerships as business vehicles
  • Income tax implications of buying and selling a business
  • CGT implications of buying and selling a business
  • GST implications of buying and selling a business
  • Useful strategies for buying and selling a business

Benefits / learning outcomes

Attendees will gain a comprehensive understanding of the key tax issues and planning strategies relevant to the buying and selling of the family home

Recommended For

Accountants and advisers who have charge of the tax compliance management and planning for individuals who engage in the acquisition and sale of businesses. 

Presenter

Peter Adams M Tax Law, FTIA CA Peter Adams M Tax Law, FTIA CA

Augmentor Pty Ltd