Business structure advice for new ventures

Start, expand and restructure your enterprise Business structure advice for new ventures Choose the right structure before you commit to the wrong one. The structure you choose for a new business is one of the most consequential decisions you will make. It affects your personal liability, how tax is paid, whether your assets are protected, […]

Andrew Andreyev chats with Tax Talks about Asset Protection Silos

How should you structure a multi-project business for asset protection? Let’s say you are a builder with several construction projects. Or in hospitality with several restaurants and cafes. Or a retail chain with various locations. Or in agriculture with several enterprises. How should you structure your business so that creditors from one project or site […]

Solution Brief: Raising Money in Australia

People seek to raise capital in a number of different contexts. In its simplest form, people ‘pool’ their capital with others to carry out a particular venture (for example, to buy a property or start a business).  More sophisticated structures may involve setting up a unit trust to hold an asset or raising money into […]

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.

Limiting liability is not enough – you also need asset protection

New business owners are often told to operate their enterprises through a ‘proprietary limited company’ to cap their liability if something goes wrong. This is good advice, but it is nowhere near the end of the story. You also need to protect your assets. How does a proprietary limited company work? A proprietary limited company […]

What’s the best structure for my startup?

When asked what structure to use, we like to apply several key principles and ‘rules of thumb’ to get the right answer.

Registration of Business Names

This article discusses the practical impact of the change-over to a National Business Names Register administered by ASIC.