Ellco Group - Accountants & Advisors

Selling your Business

Selling your business can be a big decision to make and often comes with complexities surrounding the taxation of the Sale proceeds.

Taxation can be different for everyone and often determined by the structure of the business and whether the business is considered a Small Business Entity (SBE).

SBE’s have the advantage of accessing Capital Gains Tax (CGT) concessions if certain criteria are met.

Ellco Group has the expertise required to tackle Business Sale issues head on. Please contact our office should you be thinking of selling or wanting to know more about what may be involved for your business sale.

Failing to get advice at the time of sale can be catastrophic, for example:- Our simple advice is not to sign or do anything without first consulting us.



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