Your verification and valuation advisers need to be willing if necessary to deliver a report that says what the business is truly worth, not just deliver a verification report and resulting value that agrees with the business or finance broker or seller. This is to protect you from the risk of spending years of your life working off the debt of an overpriced business, or worse.
How much of your super goes to the tax man when you die? Often when a person dies a large proportion of their super is liable for taxation, resulting in up to 30% of their super capital value being lost in tax.
We have seen a lot of traps investors have fallen into when dealing with property investments in their SMSF. We have explained the basics of what to watch out for here...
Many Super Fund Deeds do not allow the surviving trustee in event of death of a member / trustee to use their discretion to retain death benefit lump sums within the super environment on behalf of the beneficiary.
With many migrants continuing to come to Australia from the UK and wanting to transfer their private pension funds there have been some financially disastrous consequences for some migrants.
Binding death benefit nominations, or BDBNs, have been part of the superannuation landscape for quite some time – but not all have worked as intended.
For a wide variety of reasons, it is becoming increasingly common for businesses to engage subcontractors rather than employing persons directly.
Our Corporate Compliance service is now provided to you by our specialised corporate compliance team to help you meet your ASIC responsibilities.
Many business owners are aware of the basic commercial elements required to qualify for Small Business Capital Gain Tax relief Provisions. But there are some under-utilised opportunities and some traps to avoid...
The Profit & Loss "For Sale" is an adjusted P&L which removes aspects which are not business related (i.e. personal matters). It also requires other adjustments ...
Company Constitutions – What are the consequences of a Constitution Past it’s Use By Date?
To request an appointment with a Client Service Manager from one of our Accounting, Tax, and Compliance Team, Investment Advisory and Management team, or Legal Team, please fill out the form or Call: 1300 797 858.
