Selling your business assets tax free, with generous contribution allowances into superannuation – that’s the Small Business CGT concession 15-year exemption and it’s a great tax concession for business owners. But you need to plan ahead to qualify.
Michael Jones, Superannuation and Business Advisory Partner, from Mazars, explains.
Audio by Business Essentials Daily. For more Business Essentials Daily podcasts visit: https://bedaily.com.au/episodes/