While you may have no intention of selling your business for many years, new capital gains rules may require the market value of your business interest to be established as at 1 July 2027 for future CGT purposes.
Update on how Collins Hume Senior Business Advisor Nathan McGrath is helping business owners move beyond short-term problem-solving to build stronger, more resilient and valuable businesses.
With proposed changes to the capital gains treatment of investment property attracting attention, investors should have reliable evidence of their property’s market value at the relevant date.