12Dec

No More Stamp Duty on Insurance! - Peter Vickers Business Group

12 Dec 2017 |

*This statement is not exactly true as this only applies to small businesses in NSW.

It starts from 1 January 2018. The definition of small business is the “CGT small business entity” which is one with an aggregated turnover of less than $2 million.

Beware of the word aggregated as this is a complex definition and if you have a few entities in your group then the definition needs to be studied very carefully.

If you are well under the $2 million then you can just give our brokers that information and we tick the correct box.

However if you are near this limit then you need to study your structure. Businesses at this level tend to add other entities to their structures so advice is needed.

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Suite 2, 345 Pacific Highway,
Lindfield, NSW 2070

T: 61 2 9496 2300
F: 61 2 9416 9149
services@pva.com.au


Peter Vickers Insurance Brokers

Suite 2, 345 Pacific Highway
Lindfield NSW 2070
T: 1300 784 011
F: 61 2 9416 9149
enquiries@pvib.com.au

WINDSOR


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Windsor, NSW 2756
T: 61 2 4577 4455
F: 61 2 4577 5987
windsor@pva.com.au


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