Understand the tax on winding up a solvent company

Understand the tax on winding up a solvent company We will tell you how the surplus will be taxed before the liquidator distributes it. A solvent company being wound up usually has money to give back. How that money is taxed depends on what it is made of and how it leaves the company. The […]

Understand the tax when a business winds up

Understand the tax when a business winds up We will map every tax obligation that closing the business triggers, and the order they fall due. Closing a business does not end its tax obligations. It triggers a final set of them, and several fall due after trading has stopped. Disposing of the assets can produce […]

Apply for a private ruling from the ATO

Apply for a private ruling from the ATO We will frame the question so the answer you get back is one you can actually rely on. A private ruling is the only way to make the Commissioner’s view binding before you act. You set out the facts and the question, the ATO applies the law […]

Understand your cross-border tax position

Understand your cross-border tax position We will tell you which country taxes what, and how to avoid paying twice on the same income. Two countries can each have a legitimate claim to tax the same income. That is not a loophole or a mistake. It is what happens when one country taxes you on where […]

Sort out your land tax

Sort out your land tax We will check how your properties are grouped, and whether the assessment is more than you owe. Land tax is assessed on what you hold, not on what you earn from it. That single feature is what makes it painful. A property that is vacant, negatively geared or between tenants […]

Structure an expansion offshore

Structure an expansion offshore We will design the offshore structure before you commit, because unwinding one afterwards is far more expensive. When you take a business offshore, Australia’s tax rules do not stay behind. A set of provisions exists specifically to tax income earned through foreign entities you control. The controlled foreign company rules, transfer […]

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 […]

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 […]

Manage your taxes

Tax decisions made without proper advice can be very expensive. Whether you are buying or selling a business, restructuring your affairs, or simply trying to understand your obligations, we will give you clear, technically precise advice that you can act on with confidence.