It is important to get the appropriate business and investment structures from the beginning to ensure that your tax obligations are legally minimised, to achieve asset protection for your hard earned wealth and if necessary, to provide for additional participant owners in your business.

Maroo Advisory can assist you in establishing the appropriate business structure for your new venture or explore opportunities to vary the existing structure whilst managing to contain any consequential tax or transfer duty imposts.

Restructuring may indeed give you an opportunity to access the Small Business CGT concessions (whilst these are available) and assist in the long term effective tax savings for your business group. Depending on your existing structure, there may be opportunities for you to be able to draw cash from your business with no immediate tax consequences.