Restructure rollover for small business

September 13, 2019

As a business grows, it is possible that the original structure no longer satisfies the needs of the business and restructuring is necessary. 

 

Typically when a business is sold, you would have to pay income tax due to transferring assets.  However, when a business is restructuring and the ownership of assets remains unchanged, the qualifying business may receive the Small Business Restructure Rollover from the ATO.  This allows for the transfer of active assets from one entity to one or more separate entities without incurring an income tax liability.

Read Article

 

 

Please reload

Recent News:

November 4, 2019

Please reload

Liability limited by a Scheme approved under Professional Standards Legislation
Terms of Engagement | Privacy Policy

Copyright © 2015 Evans Edwards & Associates Pty Ltd  | ABN: 14 096 497 602 

452 Advice Pty Ltd | ABN 30 614 908 619

452 Advice Pty Ltd (trading as Evans Edwards Financial Advisors Wealth Creators) is a Corporate Authorised Representative (No.1261614) of Capstone Financial Planning Pty Ltd ABN 24 093 733 969. AFSL No. 223135. 

452 Finance Pty Ltd I ABN 24 629 999 373

A Credit Representative (No. 513542) of Centrepoint Alliance Lending Pty Ltd

ABN 40 100 947 804 I ACL 377711

74939008_Colour_Portrait.png