Capital Gains Tax Advice for Business Owners – Maitland, NSW

Selling Your Business? Let’s Minimise Your Tax

If you’re planning to sell your business, shares, or major assets — you could be up for a significant capital gains tax (CGT) bill.

But with the right advice, business owners can access generous CGT small business concessions to reduce (or even eliminate) tax on the sale.

At Bottrell Accountants & Advisors in Maitland, we help you structure the sale properly, calculate the tax impact, and apply every legal concession available — so you walk away with more in your pocket.

When Does CGT Apply to Business Owners?

You may need to pay CGT if you:

Sell all or part of your business (including goodwill)
Sell business assets (equipment, IP, land, etc.)
Sell shares in a company or units in a trust
Transfer business ownership to family
Wind up a company or restructure your group
Sell commercial property used by your business
Retire and cash out of your business

CGT applies to the gain — not the full sale price — but the rules are complex. That’s where we step in.

What We Do – CGT Advice & Structuring

✅ Calculate your capital gain or loss
✅ Confirm eligibility for CGT small business concessions
✅ Apply the correct 50% discount or 15-year exemption
✅ Use the retirement exemption to contribute tax-free amounts to super
✅ Split proceeds between spouses or entities where appropriate
✅ Structure the sale for tax efficiency (e.g. share sale vs asset sale)
✅ Liaise with your broker or solicitor during sale negotiations
✅ Prepare financials, tax returns & reports for ATO
✅ Assist with business succession & retirement planning

What We Do – CGT Advice & Structuring

What Are the CGT Small Business Concessions?

The ATO provides 4 main concessions to reduce CGT when selling a business:

1. 15-Year Exemption
• No CGT if you’ve owned the business 15+ years and are over 55 and retiring

2. 50% Active Asset Reduction
• Reduces the taxable gain by 50%

3. Retirement Exemption
• Up to $500,000 CGT-free (can be contributed to super)

4. Rollover Relief
• Delay CGT by reinvesting proceeds into another active asset

📌 These are powerful tools — but you must meet strict eligibility tests. We help you get it right.

Who We Help

We support:

• Business owners preparing for retirement
• Founders selling shares or goodwill
• Company directors exiting multi-owner businesses
• Family-run enterprises transferring control to children
• Franchise owners selling locations
• Medical, legal, trade, and service-based business sales
• Restructures involving share/unit transfers
• Succession and exit planning clients

What Are the CGT Small Business Concessions?

✔ Maitland-based accountants with real-world business sale experience
✔ Chartered Accountants & Tax Agents specialising in SME CGT advice
✔ Full integration with your legal, financial and business teams
✔ Clear, structured advice — no jargon
✔ Fixed-fee CGT planning sessions available
✔ We don’t just calculate tax — we plan the best outcome