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Imagine what you could do with tax saved? 

It’s not uncommon for business owners to pour their money into a business to get it up and running and to sustain it until it can survive on its own. A recent case highlights the dangers of taking money out of a company without carefully considering..

The personal income tax cuts legislated to commence on 1 July 2024 will be realigned and redistributed under a proposal released by the Federal Government.

Many professionals and businesses look to save tax and minimise risk by setting up companies and family trusts.

Generally, the more complex your structure, the more tax you may save but there are pitfalls in creating overly complex structures.

Here..

Uncertainty has reigned over the last few years, but can we expect more consistency as we head into 2024? We explore some of the key issues and influences.

Workers are owed over $3.6 billion in superannuation guarantee according to the latest Australian Taxation Office estimates – a figure the Government and the regulators are looking to dramatically change.

Property investors who choose to utilise their property for short-term stays (or leave it vacant) are firmly in the sights of the regulators.

In August 2023, the NSW State Revenue Office ruled that GPs working under fee-for-service arrangements would be employees for the purposes of payroll tax (i.e. relevant contracts), and the Victorian office issued a near-identical ruling at the same..

You’ve got a block of land that’s perfect for a subdivision. The details have all been worked out with Council, the builders, and the bank. But, one important aspect has been left out: the tax implications.

Many small-scale developers often assume..

What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners.