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When you decide to sell or close your business, it is a good idea to talk to an accountant or financial advisor who can explain the tax issues you may need to consider.

The Australian Taxation Office has a list of things to consider when selling or closing your business

  • GST
  • Sale of a going concern
  • Winding up a company
  • Superannuation
  • Demergers
  • Finalising employee or contractor obligations
  • Record keeping obligations
  • Cancelling registrations