Asset Protection Archive
Strategic Financial Advice
Caring for a loved one with dementia is both emotional and financial. This article shows how planning helps manage aged care fees, protect assets, and secure long-term stability.
Tax
Trusts have long been used for asset protection and tax flexibility, but increasing ATO scrutiny and compliance demands are prompting many to reconsider their use.
Small Business TaxTax
Companies are a disaster if you own a growing small business. They don't get a 2nd Capital Gains Tax discount if they sell a business and they have the inflexibility of an old man in his first yoga class. You need your head read if you are stuck in one, but there is a way out of a company and into all the business and tax flexibility of a trust.
Small Business TaxTax
Here are our top five tax planning tips for 2018. It's early June now, and a perfect time to go over these tips.
Property
CGT and the family home: Expats and foreign residents beware! The family home of foreign residents and expats may be taxed if legislation before Parliament is passed by the Senate.
Lending & Finance
It’s important to look after the tenants in your investment property – it encourages them to stay long term and take care of your property. So how can you keep your tenants happy? By treating your property like a business and your tenants like valued customers.
TaxThe Great Australian Nightmare Series
In Part 1 of the Great Australian Nightmare I alluded that those people growing a small business and creating at least $200,000 in family profit should NOT pay off their private home mortgage and instead invest the money into other growth assets. By doing this you can save upwards of 20% per annum via the correct tax structure.
TaxThe Great Australian Nightmare Series
It’s known as the Great Australian Dream, owning your own home. For growing small businesses, owning your own home by aggressively paying home loan debt is the quickest way to lose money and the dumbest thing you can do.
Small Business Tax AdviceTax
Ok got that paranoid defensive argument documented, lets move on. So we left off in PI-1 with you putting in a claim for PI Insurance. The shiny salesperson who sold you the insurance has flicked your claim to a set of specialist lawyers. The Wolf has entered the story.
