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 […]

The most obvious strategies for many are the most difficult to implement.  And, for the taxation of rental properties the most obvious strategy a Perth tax accountant will talk to you about is keeping good records as part of planning your property portfolio. If you do not keep good tax records and tax receipts for […]

The 2024 has proved to be yet another difficult and rewarding year for many, marked by elections, interest rates and volatile commodity prices. Yet, as Australia and Perth continue to deliver strong housing returns and mining activity, there is all the more reason for Perth family businesses to celebrate what their employees and accountants have […]