NSW small business owners can now access up to four hours of free, independent business advice each financial year through the Service NSW Small Business Advisory program.
CGT reform is coming. If you leave your business valuation until a future sale, important financial and commercial evidence may be difficult to reconstruct, and Treasury’s allocation formula may not reflect when your business created its value.
We look at SMSF property valuations and related-party leases, and the importance of having appropriate evidence ready to support market values and arm’s-length rental arrangements during the annual audit.
