Every family wants to make sure that their legacy, and the family business, is preserved and continues – in a tax effective and controlled manner. However sadly some family members are more vulnerable and the family legacy might be affected when it is controlled by these people. This concept of care and protection for these […]

It would be great if life operated in a straight line. Your business would slowly go on a nice upward trajectory year in year out. There would be no big wins and no staggering losses. You would pay tax consistently for cash-flow planning. A forecast for your business and investments would be simple. Sadly that […]

The much maligned unit trust has a key role in families undertaking property investments. Why most accountants do not like unit trusts Traditionally a unit trust was used for two independent families to go into business together. The legal ownership and separation of the units, together with the trust deed, was seen as a way […]

Recent government tax changes have affected the negative gearing of rental properties. However the changes, while significant for many, do not impact the large benefits of negative gearing. Many families in business will continue to use the tax benefits of negative gearing on rental properties for creating a future legacy. We go through the changes […]

Sadly taxation is a major expense for most families and the businesses that they own.  And a clear tax planning strategy is essential for anybody wanting to create an enduring legacy. We have gone through a few strategies that we commonly use for the families, and the businesses they own, use. Of course – there […]

I recently did a technical presentation in Bangkok to a group of family business people.  And while the material, and discussions afterwards, were enlightening, I was eager to see some of this great city. A group of us went to the Skybar.  It was incredible.  The view was amazing.  The people (except me of course) […]