What is Structuring in insolvency?

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Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

What Tax advice can assist in insolvency?

photo of person holding pen Mark is a member of the Tax Institute and will give you the tax related structuring advice that makes sense and provides maximum efficiency. Mark uses his MBA, knowledge of tax law and common sense to structure affairs to suit the taxpayers overall game-plan. In a recent case Mark found around $800,000 of legitimate tax deductions for a client, enough to make a very substantial difference to that client’s life. take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes. Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now Thanks, Mark Smith, Director

Budgeting for small business

budget

 


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The importance of your Business Plan

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To view our knowledge base click the following link: Knowledge base

For any other questions chat with us now using the live chat icon in the bottom corner of your screen.

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

The importance of your Profit & Loss statement

profit and loss

To take our free Business Health Check click here.

To schedule a free review of your current business structure click the following link: Book a meeting instantly

To view our knowledge base glossary – for the definition of a term click the following link:  Glossary of terms

To view our knowledge base click the following link: Knowledge base

For any other questions chat with us now using the live chat icon in the bottom corner of your screen.

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

Bad debts of $2000 or more

money

To schedule a free review of your current business structure click the following link: Book a meeting instantly

To view our knowledge base glossary – for the definition of a term click the following link:  Glossary of terms

To view our knowledge base click the following link: Knowledge base

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

Banking health check

finance

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To view our knowledge base glossary – for the definition of a term click the following link:  Glossary of terms

To view our knowledge base click the following link: Knowledge base

take our free Business Health Check and receive bespoke, obligation free advice suited to your needs within minutes.

Otherwise – click here to book a free appointment, call me anytime on 1300-327123 (till late), or click the chat tool – bottom right corner to instant chat now

Thanks, Mark Smith, Director

What is a discretionary trust?

money

The trustees of a discretionary trust are able to distribute income and capital gains to beneficiaries in whatever way they desire (typically the most tax effective means).

The assets of the trust are also protected in the event of litigation against beneficiaries as there is no single individual that owns any assets so therefore creditors of an individual cannot access any assets held by a trust.

A ‘family trust election’ must also be made in some circumstances e.g. in order to distribute franking credits.  In addition, franking credits cannot be distributed to beneficiaries unless the trust has net income.

A company can be a beneficiary of a trust ensuring that the tax rate is capped at 30%, however, unless this distribution is actually paid to the company there may be other tax consequences e.g. deemed dividends and Div 7A loan issues.

Beneficiaries who receive capital gains can claim the 50% capital gains discount where the asset has been held for more than 12 months.

 

To take our free Business Health Check click here.

To schedule a free review of your current business structure click the following link: Book a meeting instantly

To view our knowledge base glossary – for the definition of a term click the following link:  Glossary of terms

To view our knowledge base click the following link: Knowledge base

For any other questions chat with us now using the live chat icon in the bottom corner of your screen.