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Podcast: Fine Answers
Episode: #32 – Retirement When My Business is My Super
Description: Many Small Business owners or Farmers forgoe superannuation to invest time, energy and money into their business to fund their future retirement. Â What's not well understood, commonly overlooked and poorly planned for, is that a number of tax and superannuation concessions exists for these individuals to reduce the amount of tax they may pay as they exit their business, sell their farm or change ownership in conjunction with retirement. Â The small business retirement exemption (or Small Business CGT Relief) is a concession that can exempt capital gains on your company's business as...