Many family business owners in Perth invest in property as a wealth strategy. However, what happens when a simple investment turns into a full-fledged development project? The shift from property investor to property developer comes with significant tax implications that can impact the project’s after-tax profitability. Are You an Investor or a Property Developer? Understanding […]

As a business owner, you probably did not enjoy superannuation guarantee contributions along the way as your employees did.  The act of growing and creating your own business was your superannuation.  The government acknowledges a range of tax-efficient ways to sell the business and either avoid or reduce the tax on the sale of the […]

When you are getting ready to sell your family business, the tax restructuring of the family business will often include multiple tax structuring options, including a scrip-for-scrip rollover. While the action is frequently talked about, many Perth tax accountants don’t correctly understand how the tax measure works, how to access it, or how a scrip-for-scrip […]

As business families become increasingly mobile and global, it is common for a deceased estate to have interests and assets beyond Australia.  They can be overseas business branches, foreign real estate holdings, offshore shares, or bank accounts.  All of these assets and interests will have tax consequences on income generated within the deceased estate has […]

The Export Market Development Grant (EMDG) program is a flagship initiative by the Federal Government designed to support Australian small and medium enterprises (SMEs) in promoting their goods, services, and intellectual property in international markets. Recent changes to the program aim to provide increased funding opportunities, though not all applicants will secure a grant. The […]

When a family business owner looks to sell their business as part of a succession or exit event, the financial reports prepared by your Perth business accountant will become critical. Your accountant’s vocabulary will inevitably move from a discussion of net profit after tax to normalised earnings. What are normalised earnings? Business financial reporting is […]