Tax changes to buy-sell agreements: it’s good and bad news
Listen to a Preview
Update Required
To play the media you will need to either update your browser to a recent version or update your Flash plugin.
  Running Time: 7:15 Date: 01/02/2016 Recent changes in legislation to buy-sell agreements provide some interesting food-for-thought to business owners. Tax advisor, Michael Jones, looks at the good and not-so-good outcomes to current tax rules when it comes to protecting your business interests. Buy-sell agreements help smooth things over when a co-owner in a business is suddenly gone. Michael dissects the new rules, with watchouts around the payment of insurance out of self-managed super, but with good news - and clarity at last - around insurance proceeds from life insurance trusts. Topics: Accounting & Tax |
 Michael Jones, Cummings Flavel McCormack |