Published on 16 May 13
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
Selecting an appropriate structure to operate a business or hold investments is crucial to ensure the desired commercial and tax outcomes can be achieved. So how do you decide what is the right (or wrong) structure for an SME? How do you make sure the structure is ready to access the small business CGT concessions? By focusing on a series of real-life examples of structures used by SMEs, this paper looks at:
- effective structuring of an SME, including the major strengths and weaknesses of particular structures
- how to determine if a structure has become ineffective and what to do if this is the case
- what should you do if you have inherited a poor structure?
- what factors should be considered if you decide to restructure?
- how do you know if a business or structure is CGT concession ready?
- can you manage or fix potential problems in the ability to access the CGT concessions?
Greg is the Director in charge of the Tax Services division of William Buck in Sydney. His clients are predominantly private businesses, both Australian and foreign owned, as well as higher wealth individuals and families. Greg’s work is primarily advising on issues and transactions, such as restructuring, exit strategies, business acquisitions and international expansion, along with referrals from accountants, lawyers and other advisers. Greg is the author of The Tax Adviser’s Guide to Part IVA, published by The Tax Institute
- Current at
26 June 2019
Todd Want CTA
Todd is a Director in the Tax Services division at William Buck in Sydney, where he specialises in small-to-medium enterprise tax matters. Todd advises his clients on a broad range of tax issues, while he also provides specialist consulting services to accountants, lawyers, financial planners and other professionals in public practice to assist them in advising their clients. Todd is also a regular presenter for The Tax Institute at various conferences and events.
• Bachelor of Commerce (Dean’s Scholar with Distinction)
Professional Associations & Designations:
• Chartered Tax Adviser (CTA)
• Member of Chartered Accountants Australia and New Zealand
• Member of CPA Australia
- Current at
25 August 2020