Certum Advisory Blog
Selling your business is a major financial decision, and understanding the tax and legal implications is crucial to achieving the best outcome. Many business owners underestimate the impact these factors can have, both on the sale price and their post-sale finances.
At Certum Advisory, we guide business owners through every tax and legal consideration, ensuring the sale is structured strategically, compliant, and financially efficient.
1. Capital Gains Tax (CGT) Planning
Selling a business can trigger capital gains tax. Certum Advisory helps you:
- Understand how CGT applies to your business
- Determine eligibility for Small Business CGT concessions
- Explore strategies to reduce your tax liability legally
- Structure the sale to maximise your net return
2. GST Implications
Goods and Services Tax (GST) may affect the transaction depending on whether it’s an asset sale or share sale. Our team ensures that:
- GST obligations are correctly calculated
- The sale structure minimises unnecessary GST exposure
- Compliance with the ATO is maintained throughout
3. Employment and Contractual Obligations
Buyers will examine whether your business meets legal obligations, including:
- Employee entitlements and payroll obligations
- Existing contracts with suppliers and clients
- Lease agreements and licences
Certum Advisory works with your legal and HR teams to ensure everything is in order, reducing risk and smoothing negotiations.
4. Legal Structuring of the Sale
Choosing the right structure, asset sale vs. share sale, can significantly impact your financial outcome. We provide guidance on:
- The most tax-effective sale structure
- Vendor finance arrangements
- Warranties and indemnities in contracts
- Transition clauses to protect your interests
5. Compliance and Documentation
A buyer will conduct due diligence on your business. Certum Advisory ensures all legal and financial documentation is accurate, compliant, and ready for review, reducing delays and building buyer confidence.
Why Certum Advisory Matters
Our team integrates tax and legal advice into the sale process, helping you:
- Reduce tax liabilities
- Avoid compliance pitfalls
- Present your business confidently to buyers
- Secure a smooth and profitable exit
Selling a business? Contact Certum Advisory to protect your wealth and structure your sale strategically.
