Selling a business - what are the tax implications?

Selling your business? Don’t leave money on the table.

In this episode, Michelle and Stacey sit down with Robyn Jacobson to demystify Australia’s capital gains tax (CGT) rules for small business owners.

In plain English, we cover:

• CGT basics — what a capital asset is and how gains are actually taxed.
• The four small business CGT concessions and when they may apply:
  1. 15-year exemption (potentially tax-free on retirement)
  2. 50% active asset reduction
  3. Retirement exemption (lifetime cap of $500k)
  4. Replacement asset rollover (deferral strategies)
• Eligibility essentials — the <$6m net asset value or <$2m turnover tests, “active asset” rules, and why structures, timing and documentation matter.
• Real-world traps: valuations, grouping rules, signing in the right capacity, and why you need both your accountant and lawyer aligned.

If you’re planning an exit (now or in a few years), this is your friendly heads-up on what to discuss with your adviser—so you can plan early and avoid nasty surprises.

General information only—get personal advice for your situation.
Listen now and catch the rest of our “Selling Your Business” series for more practical, no-jargon tips.

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