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Proposed CGT changes help buy-sell agreements

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Running Time: 5:35

Date: 01/01/2015

Buy-sell agreements can be complex - but this proposed change in the rules might influence your thinking.

Buy-sell agreements have much to offer in partnerships, protecting the interests of remaining partners if one partner falls by the wayside. But tax expert Michael Jones says there's nothing intuitive about these agreements. They're complicated and they're not for everyone.

However, a proposed change has now been introduced by the federal government which might make a difference to your approach if you're considering a buiy-sell agreement. It's to do with CGT exemptions around life insurance policies. Michael Jones highlights the detail in this interview.  

  

Topics: Accounting & Tax, Financial Management


Michael Jones, Cummings Flavel McCormack