Division 7A tax advice
Manage your taxes Division 7A tax advice Protect your accumulated company profits from unexpected Division 7A tax consequences. Division 7A is one of the most common sources of unexpected tax bills for private company owners in Australia. When a shareholder or associate borrows money from a company, uses company assets, or receives payments that are […]
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 […]
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 […]
Solution Brief: Family Law Financial Settlement (Consent Orders)
The who, what, when and why of Consent Orders If you have separated from your partner (whether from a marriage or a de facto relationship), you will need to consider the division of your property. If you and your former partner have reached an agreement about how to split your finances, there is no need […]
Does your company need a Constitution?
Here are some reasons why you should think about a Constitution for your company, rather than simply adopting the ‘replaceable rules’ in the Corporations Act.