Business restructuring is sometimes necessary. This is due to investors becoming shareholders or wishing to have a share in the business.  Financial considerations, business mergers and  family succession planning are ususally the main reasons for consideringa restructure.

You will find that this has tax consequences as the capital gains tax legislation deals with “”capital gains tax events”" rather than an actual transaction.  In this case there is sometimes no actual transaction but it still gives rise to capital gains  tax.

Therefore tax planning is essential in order to minimise your capital gains tax.  If this exercise is not done, you will encounter some amazing situations with capital gains tax.

Call us now on 03 9832 0900 to book your free, no obligation consultation to find out how we can help you with your business restructuring exercise and incorporate sound ATO  accepted tax planning strategies into your restructuring exercise.  (We can also help you wherever you are in Australia).