by Affinity | Jun 29, 2015 | Latest News
The low 15% superannuation tax rate and the prospect of being able to derive significant property gains for retirement purposes are key drivers for why you may want to involve a SMSF in a property development. It is possible to involve a SMSF in a property...
by Affinity | Jun 29, 2015 | Business eNews
Many business owners and managers are so busy working on what their customers and clients need that they forget to take the time to work on their own business. But being efficient is the first step in business success, so it’s worthwhile investing the time. Five key...
by Affinity | Jun 29, 2015 | Business eNews
Due to the complexity of the income tax legislation relating to trusts, a methodical approach is needed when approaching trust distributions to ensure the intended outcomes are achieved. This article focuses on a number of the more common scenarios where purported...
by Affinity | Jun 29, 2015 | Business eNews
There are over 800,000 trusts in Australia earning over $330 billion dollars each year. Why are there so many? Because accountants will tell you to set one up if you want your wealth or business in a protected and tax effective environment. But they sometimes miss...
by Affinity | Jun 29, 2015 | Business eNews
Interest: Don’t overlook what you can deduct You can deduct any interest on money your business borrows, including interest paid on business loans, overdrafts and other finance facilities. This might sound obvious, but there are other interest expenses you can...