Early planning creates options. Late planning limits them. If succession is on the horizon, even vaguely, the conversation should start now.
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Revised Entrepreneurial Relief allows qualifying business owners to pay 10% CGT instead of 33% on the sale of business assets. Here's what you need to know before you sell.
Peter the Printer's story is one I hear variations of every week — a business owner who discovers too late that the tax position could have been better.