Published on 22 Oct 2013
| Took place at Tattersall's Club, Brisbane, QLD
Selling a business or a significant business asset is a critical point in the life of any business owner. With strained economic times it is more important than ever that the business owner is able to maximise the value they have created in their business. Being ready for this critical point at any time, and planning for its aftermath, will ensure the business owner will be placed in the best position moving forward into new business ventures or retirement.
Day 4 of this series will provide practical guidance on how both tax practitioners and business owners can approach the business sale process, how to exit a business entity and what concessions may be available to maximise their after tax return.
Topics covered include:
readying the business for sale
determining and treating sale proceeds
ensuring access to small business CGT concessions
bringing an entity to an end
disablement and death - the unexpected exit
utilising superannuation funds to facilitate succession and exit.
Get a 20% discount when you buy all the items from this event.
Selling a business involves getting one’s house in order – but it is also much more than that! There are lots of commercial matters that will need attention, but tax needs a clear focus. This paper covers:
surviving tax due diligence
what pre-sale transactions or restructures are necessary to be able to sell what is on offer?
managing tax compliance & risks associated with distributions, buybacks, demergers, entity exits & the like
managing the exit of management, employees & minority shareholders.
Life doesn’t always go as planned. Business exits surrounding events like disablement and death can be very disruptive and costly. Proper planning can convert funding & taxation pitfalls to advantage. This paper covers:
managing exits with & without buy-sell agreements
consideration of funding mechanisms including CGT deeming rules.
Utilising superannuation funds to facilitate succession and exit
The sale value of a business may not be enough to fund retirement. Intelligent use of superannuation can create wealth independent of the business in making the most of a business’ cashflow and ongoing needs throughout its lifecycle and on sale. This paper covers:
pre-funding retirement through super
acquiring & managing business assets
funding, including contribution strategies & super gearing
accepting the small business proceeds rollover
role of super to support buy-sells, cross insurances, etc.