Changes to the Entrepreneurs' Tax Offset
Changes have been made to include an additional income test for the ETO (Entrepreneurs' Tax Offset). This test is now included to further restrict access to the ETO for taxpayers with alternative sources of income...
Capital Gains in 2010
This year the ATO will continue to place particular focus on CGT claims. How much is your business worth?How do you sell your business and maximise your returns?We can help build your business now so you can negotiate a better deal for your future! Our coaches can advise you of the value drivers that will result in a potential buyer paying more for your business. We can work with you on implementing systems and programs that will be inducive to a higher sale price for your business. |
More than 1,000 Capital Gains Tax (CGT) claims were reviewed or audited in the last finanical year, resulting in revenue adjustments in excess of $5m.
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