As a general rule, smaller businesses tend to use cash accounting because it is not as complex as non-cash accounting.
PAYG instalments are prepayments only, and they are cash flow items in your business. They are not the actual result.
In some cases, a deceased estate or beneficiary can access full exemption on sale of an inherited dwelling if it is sold within 2 years.
Running a small growing business under a trading company is not ideal in our eyes. It’s not the end of the world if it’s structured correctly.