Productivity / Professional development
Understanding your tax obligations
As a franchisee you need to know how your franchise payments and fees are treated for tax purposes.
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…
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Download the Franchising and tax -Tax facts for new small business guide for further information on your tax obligations.
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Download the Australian Competition and Consumer Commission’s Franchisee start-up checklist.
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Visit our Taxation topic for more general tax information.
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Consult a business adviser, accountant or solicitor for advice.
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Find out about buying a franchise in your state or territory.
