Payday Super
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Purchasers Due Diligence On Management Rights
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.
Super Death Taxes
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.
Property Invested in Your SMSF - Avoid the Common Traps
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...
Super Fund Deed Amendments Needed For Many Funds
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.
UK Pension Fund Transfers - The Contributions Tax Disaster
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.
Leaving Your Super to Beneficiaries: Proceed with Caution
Binding death benefit nominations, or BDBNs, have been part of the superannuation landscape for quite some time – but not all have worked as intended.
Tax Office and State Government Audits for Subcontractor Agreements
For a wide variety of reasons, it is becoming increasingly common for businesses to engage subcontractors rather than employing persons directly.
ASIC Corporate Compliance Service
Our Corporate Compliance service is now provided to you by our specialised corporate compliance team to help you meet your ASIC responsibilities.
CGT Rollover Relief
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...
Profit & Loss For Sale - How Can I Do These Myself?
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 Ever Get Updated?
Company Constitutions – What are the consequences of a Constitution Past it’s Use By Date?