How to sell your business tax

Small business owners preparing for retirement are missing out on replica louboutin contributing additional amounts into superannuation to which they may be entitled when selling a replica christian louboutin shoes business.

The latest statistics from financial information provider S Capital IQ global database highlight that in louboutin shoes replica the last financial year almost 400 businesses with a market capitalisation of up to $20 million were replica louboutin shoes sold in Australia.

It is estimated 70 per cent of business owners who satisfy the capital gains tax small business concessions are unaware that when they sell a business, there are opportunities to place substantial funds tax free into their superannuation account. This also applies if their businesses are pre CGT (that is, acquired/commenced before 19 September 1985). Eligible individual business owners may be entitled to place up to $1.355 million into a super fund tax free christian louboutin shoes replica when this business transaction occurs, while joint couple owners can deposit up to $2.71 million. It is imperative planning is undertaken well before the sale occurs to ensure maximum contributions to super can christian louboutin replica be made.