How to pay yourself from your company
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 […]
Andreyev Lawyers Partners with FBA to Enhance Support for South Australian Family Businesses
We are proud to announce a new South Australian State-based partnership with Family Business Association (FBA). Family Business Association (FBA) is the peak body for family businesses in Australia and New Zealand, helping family businesses to grow and thrive. Members are supported through tailored education and events, networking with like-minded peers, and access to accredited advisors […]
Who can witness a Statutory Declaration in South Australia?
The question of who can “witness a stat dec” in South Australia comes up quite often. The good news is that the list is long. The bad new is that not all of them know what they are doing!
Andrew Andreyev chats with Tax Talks about Subdivision of Land
If you want to sell parts of your land, you need to subdivide. But when you do this subdivision of land, what happens taxwise? When does CGT event K4 apply? Can you retain the main residence exemption? And when would your property development be a profit making scheme or a business? These are some of […]
Should I hold my family home in a trust?
It is well understood by savvy property investors that holding investment properties in a trust can offer the benefits of asset protection, estate planning and tax efficiency. The next question is whether these benefits extend to the family home. In other words, is it worth holding your family home in a trust?
Is it worth holding land in trusts in South Australia?
Put simply, once an individual has aggregate land holdings of $2.5 million, they will benefit from using discretionary trusts in their structuring strategy.
Overhaul of small business insolvency – what does it mean for you?
Frydenberg’s announcement may help your small business restructure its debt obligations to trade out of the COVID recession.
Does your Trust Deed get the best tax outcome?
The specific terms of your trust deed can mean you will either save or lose money in income taxes. It is important your deed is up to date and gives the trustee all the powers it needs to optimise the trust’s tax position.
Do your Trust Minutes avoid the ‘tax trap’?
The main thing to remember is that trusts can only ever distribute trust law income, as it is defined in the trust deed.
Will the SA Land Tax changes affect my parents’ pension?
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 […]