Ever Dreamed of Selling Your Business
Let's discuss Succession Planning!
Oh yes, we have your back!
Ever dreamed of selling your business, or maybe just a tiny ‘Bonio’ (yes, thank you, Max), sized part of it, as part of your "I'm-getting-out-of-here" plan?
Well, it's time to get into the love-hate relationship you're about to have with taxes.
Heads up! Capital Gains Tax (CGT) is that stinger that applies to the profit you make from selling your assets - like shares. Picture it as Max showing up uninvited to your party, and you've got to give him a piece of your steak
Seriously, getting your tax liability on point is as crucial - we don’t want disaster!
So, if you’re thinking of selling a chunk of your business, or some specific assets (espresso machine?), you might be looking at chargeable gains.
They're the taxable profits from your sold assets.
Remember, we've got your back (front and sides).
Whether it's assessing potential tax liabilities, exploring tax-efficient strategies, or making sure you're on the straight and narrow with tax laws, Team ACG are your A-team.
