Day: November 26, 2025

The main residence CGT exemption is one of the most valuable tax outcomes available to Australian property owners because it can remove Capital Gains Tax when you sell your family home. For small business owners, understanding how the CGT main residence exemption works helps you manage tax liability, protect profit from a future sale, and…

What does liquidation mean for Australian small businesses? A bookkeeper’s guide like this explains what happens when a company can no longer pay its debts and needs a structured exit. Liquidation is the process of winding up a company’s affairs, selling assets, and using the proceeds to pay creditors in a set order while a…