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Capital Gains Tax Minimisation 

Capital Gains Tax (CGT) is often a sleeping giant that many investors fail to account for when disposing of assets. 

Since September 1999, a number of Small Business Capital Gains Tax Concessions have been introduced to minimise and in certain circumstances remove any CGT liability. 

If you can satisfy the net asset test (under $6m in assets) and are considering disposing of your business at a profit, then you need to ensure you are correctly positioned to access the Small Business Concessions. 

These initiatives are complex and dynamic. Progression Group not only have in-house CPA Accredited Tax Specialists but also work closely with experienced Tax Lawyers in ensuring our practical knowledge is always current. 

The savings in this area can be astronomical. Since the introduction of the concessions, Progression Group have assisted many clients in disposing of their business tax free.

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What Our Clients Say

A few years ago business became really tight. We were under constant pressure and could really feel the heat building as cashflow became tighter with rising fuel prices and labour costs.

– Brian Harper, Director, Region Peak Transport Pty Ltd

An opportunity presented for me to buy into a business. Whilst I knew the industry, I didn’t know where to start in terms of determining what the business was worth and how I could protect myself and my family.

– Nick Stehr, Director, Healthcare Lifting Specialists Pty Ltd

Thank you Progression Group for caring, assisting in obtaining some restitution and saving our business. We now have the tightest internal control mechanisms of any business!

– Timothy Eagle, Director, Eagle & Stork Plumbing Pty Ltd

Progression Group acted for my business from when it was a small outlet in Coburg turning over $60,000 through to when we sold the business 10 years on, turning over $12m from a large commercial premise based in Brunswick.

– Jon Amiss, Former Owner, CDS Gourmet Foods

As sole Director, I continue to meet with Progression Group on a quarterly basis to review our business performance. Establishing budgets and constantly monitoring actual results guarantees business success.

– Simon Best, Director, SBV Pty Ltd trading as Barry Plant (Mitchell Shire)

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BALANCE – Doing what is required to remain inspired
RESPECT – Behaving with honesty, integrity and care
EDUCATION – Delivering innovative, practical and effective solutions
PRIDE – Our commitment to excellence in who we are, what we do and how we do it
SHARING – Connect the dots to benefit others

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