CGT Concessions: are you in or out?
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  Running Time: 8:04 Date: 01/11/2014 Small Business CGT concessions are generous and could save you heaps when it comes to selling your business - but they're complicated. If you're considering selling your business, now is the time to start thinking about whether your business will fall within the asset and turnover requirements of the Small Business CGT concessions. Because according to tax expert Michael Jones, you can save a truck load of tax if you do. The concessions are designed to be generous, but Michael warns they are also very complex! For example, valuations are based on an arbitrary line which can lead to an all or nothing situation. Michael provides tips to help you understand where you might stand with the concessions, and what you can do to make the most of them. Topics: Accounting & Tax, Financial Management, Legal |
 Michael Jones, Cummings Flavel McCormack |