CGT roll-overs and small business CGT concessions are regularly used by advisers to restructure existing structures. Although use of these roll-overs or concessions may provide short term tax savings there may be some unfavourable tax outcomes in the future if the adviser is not alert to the client's overall objectives. This part considered the following:
- why restructure? What are the client's objectives?
- the small business restructure roll-over v small business CGT concessions
- using Subdivision 122-A rollover to corporatise the business structure
- key considerations, pros and cons, of using Subdivision 122-A, 122-B, 124-M, 124-N, 328-G, and Division 615 roll-overs
- how the use of a CGT roll-over may impact your client on exit from the Business.