Tool
What will I take home from selling my business?
Start with the price, then subtract the broker fee, legal and accounting costs, debts paid out at closing, and tax. On a share sale of a qualifying small business, the lifetime capital gains exemption can shelter up to $1,275,000 of gain in 2026. Enter your numbers for a rough figure.
Result
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Estimate only. Confirm with your lawyer or accountant.
How is it calculated?
- Cash before tax = price − broker fee − legal and accounting − debts − other costs.
- On a share sale, capital gain ≈ price − selling costs − your cost base. The LCGE ($1,275,000 for 2026, per the CRA) comes off the gain if the shares qualify. Half of what is left is taxable, taxed at the rate you enter.
- On an asset sale, the company sells the assets and pays tax first, and you pay tax again when you take the money out. That needs your accountant.
Not included: alternative minimum tax, which can apply to large gains with the LCGE, earn-outs, holdbacks, vendor financing, working capital adjustments, and the 24-month and 90% tests for qualifying shares. Source: CRA, capital gains deduction limit, checked October 20, 2026.
Before you rely on it
This is an estimate for planning. Confirm the numbers with your lawyer or notary and your accountant before you rely on them.
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