This paper covers:
- identify opportunities to access small business CGT concessions for businesses that survive the fallout
- understand the tips and traps regarding the company and trust loss rules for entities that may be experiencing losses for the first time
- navigate through the plethora of forgiveness rules (Div 7A, commercial debt forgiveness and bad debts)
- know when to turn off the oxygen of a business " how safe is the insolvency safe harbour?