Proposed changes to the small business CGT concessions

On 8 February 2018, The Coalition Government released exposure draft legislation and explanatory material for public consultation related to integrity improvements to the small business capital gains tax (CGT) concessions. The small business CGT concessions measure...

Assignment of Retail Lease when you sell your business

When you sell a retail business, if the business is subject to the transfer of the lease, you will also need to assign or transfer the lease to the purchaser of your business (proposed tenant).  In effect, the purchaser of the business buys the business and takes over...