Accountant EXPLAINS: Tax Implications of Selling Your Business in Australia

🔗 Book an appointment here: https://www.boxas.com.au/book-a-consu... Need cloud accounting software? Sign up for Xero: https://xero5440.partnerlinks.io/boxas (This is an affiliate link, and I will make a small commission at no extra cost to you.) — If you’re thinking about selling your business — whether now or in the future— this Deep Dive session will help you decide how to structure the sale for maximum tax efficiency. CHAPTERS: 00:00 - Intro 02:52 - The Two Ways to Sell Your Business 09:12 - Stamp Duty 11:35 - Pros & Cons of Asset & Share Selling 21:46 - Which Business Selling Option is Better for the Seller and Buyer? 26:43 - Small Business CGT Concessions 40:16 - The 4 Types of Small Business CGT Concessions 52:06 - Factors to Consider 57:17 - International Buyers: Does that Impact the Sale? 57:54 - Transferring Your Business Overseas: Should You Sell It? 01:00:05 - Outro — Thank you for watching this video. I post videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy the video and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful! — ► Subscribe to my channel here:    / daviemach   — Davie has over 15 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients. Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses. He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales. — Follow Me: LinkedIn:   / davie-mach   Instagram:   / boxas_syd   Facebook:   / boxadvisory   Website: https://boxas.com.au/ TikTok:   / boxadvisory   — Disclaimer: This video is for informational purposes only and should not be considered financial or legal advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant before making any decisions regarding investments.