Check the tax before you sign a deal
Check the tax before you sign a deal We will tell you what a deal costs in tax while you can still change it. Most of the tax on a transaction is decided before anyone signs anything. It is decided by what is being sold, who is selling it, and in what order the steps […]
Work out the GST on a transaction
Work out the GST on a transaction We will tell you whether GST applies, who bears it, and whether you can claim it back. GST is unusual among taxes in that most business buyers get it back. That makes the real risk a contractual one rather than a revenue one. Say a contract expresses the […]
Move income and expenses around a group of entities
Move income and expenses around a group of entities We will document the money moving inside your group so each transfer is what you intend it to be. Inside a family or business group, money moves because it is needed. One entity has cash and another has a bill. The group thinks of itself as […]
Keep on top of your business tax obligations
Keep on top of your business tax obligations We will map what your business owes, to whom, and when, so nothing falls due unnoticed. A growing business collects tax obligations faster than it collects the systems to manage them. Pay as you go withholding arrives with the first employee. GST arrives at the registration threshold. […]
Deal with a Division 7A loan from your company
Deal with a Division 7A loan from your company We will put your loan account on complying terms before it becomes an unfranked dividend. Money taken out of a private company by a shareholder is not automatically income, and it is not automatically a loan either. Division 7A decides which. Where an amount is not […]
What happens to your Australian tax when you move overseas?
Moving overseas is exciting, but it can also raise important legal and financial questions. We are seeing an increasing number of people leaving Australia to set up business overseas and take advantage of the potential tax benefits that a low-tax jurisdiction brings. Many people assume that when they leave Australia for an extended period, they […]
No contract, no deduction: Why you need to keep inter-entity service agreements up to date
We have said it before and it bears saying again – documentation is important. It is common practice for corporate groups including family businesses, professional firms, and medical practices to provide different services to each other to allow the overall group to carry on its operations. For example, a dedicated manufacturing entity might sell its goods to the group’s retail entity, or a […]
Trust Distributions Summary – (Trust Distributions Guide Booklet Chapter 6)
Budget Update Notice: The 2026/27 Federal Budget contains proposals that may affect the information in this article. As at the date of this notice, these are proposed measures and have not yet passed into law. We are reviewing and updating our content as the legislative process progresses. If you are making a decision based on […]
Risk Management and Common Traps – (Trust Distributions Guide Chapter 5)
Budget Update NoticeThe 2026/27 Federal Budget contains proposals that may affect the information in this article. As at the date of this notice, these are proposed measures and have not yet passed into law. We are reviewing and updating our content as the legislative process progresses. If you are making a decision based on any […]
Timing, Authority and Validity of Distributions – (Trust Distributions Guide Booklet Chapter 4)
Budget Update Notice: The 2026/27 Federal Budget contains proposals that may affect the information in this article. As at the date of this notice, these are proposed measures and have not yet passed into law. We are reviewing and updating our content as the legislative process progresses. If you are making a decision based on […]