Understanding your tax obligations
As a franchisee you need to know how your franchise payments and fees are treated for tax purposes. When you buy, sell, transfer or terminate a franchise there may be Capital Gains Tax (CGT) and Goods and Services Tax (GST) consequences to consider.
What to do…
- Download the Franchising and tax -Tax facts for new small business guide for further information on your tax obligations.
- Download the Australian Competition and Consumer Commission's Franchisee start-up checklist.
- Visit our Taxation topic for more general tax information.
- Consult a business adviser, accountant or solicitor for advice.
- Find out about buying a franchise in your state or territory.
This content is supplied to Flying Solo via business.gov.au,
the Australian Government's principal website for business information and resources.
