Disproportionate ownership of business’s is not uncommon, and the correct structuring for your business is critical in ensuring maximum tax benefits, flexibility for distributions, income tax and capital gains, not to mention long term asset protection for all the Partners involved.
Buying into an allied health practice is a huge investment for your future with considerable personal risk for yourself. Given the size of the investment and risk a business valuation is highly recommended for many reasons, including these I have listed below:
Click here to watch a short 3 minute video detailing the Federal Government proposed changes to tax and superannuation in the Budget delivered last night, 3rd of May 2016.
For further detail, we have also attached our written summary of the proposed changes as a downloadable pdf file.
Many years ago we had a young client that bought into a physio practice and he has developed an amazing career! His career has taken him off the tools (people), saved his hands and allowed him to follow his dream of creating a life changing product in the medical space.