July 2016, stamp duty payable on business assets (excluding property) in NSW will be abolished.
This means that that stamp duty will no longer be charged on business sales next financial year.
For more information, please click the link to take you to the NSW Office of State Revenue website.
If you have any questions about the impact of this on your business or assets then please contact your client manager or give Chan & Naylor a call on 1300 250 122.
Disclaimer: This article contains general information; before you make any financial or investment decision you should seek professional advice to take into account your individual objectives, financial situation and individual needs. Click for more detail regarding this disclaimer.