Published on 18 Oct 12
by TASMANIAN DIVISION, THE TAX INSTITUTE
This paper explores the valuation challenges in applying the $6 million net asset concession and the importance of clear instructions.
The paper covers:
- the valuation perspective
- “Market value”
- instructing the valuer: the why, what, when and how
- idependence and experience
- implications for small businesses.
Lachie is a Senior Manager at WHK where he provides business valuation advice to SMEs across a range of industries. Before joining WHK in 2011, he was working with PwC conducting business valuations for large private and publicly listed organisations. He has more than 12 years combined experience in conducting valuations of businesses, legal entities, shareholder equity and intangible assets, and providing accounting and assurance services internationally. He is a Chartered Accountant, a fellow of the Financial Services Institute of Australasia, a lecturer
and content provider with Kaplan Education (“Advanced Valuation topic”) and has completed a Masters in Applied Finance.
- Current at
18 October 2012