The tax impact of a business sale, merger or acquisition takes on many forms.    The capital gains tax exemption offered by a scrip for scrip rollover is a key mechanism discussed by savvy Perth tax accountants among their clients. A “scrip for scrip rollover” is common when another company acquires a business during a merger […]

Rentvesting is a tax strategy many Perth tax accountants use to eliminate private debt on the family home while maintaining the main residence exemption for capital gains tax.  While the tax advice on the strategy is complex, it is worthwhile to understand the full range of tax implications and financial implications many Perth tax accountants […]

The government’s proposal to tax SMSF’s and super fund trustees with a new 30% tax has a range of confusion and angst by many Perth tax accountants and their clients. Here are 10 tax tips about the new 30% SMSF tax that families in business should consider. The new tax is 15% not 30% Contrary to […]

It is common for small and medium-sized businesses in Perth to incur tax penalties and interest from the Australian Tax Office.  The ATO will often waive or reduce tax penalties and interest charges when the right circumstances are put before the ATO in the correct way.  As Perth tax consultants, we also understand that simply […]

Most directors of small and medium-sized companies across Perth know about asset protection from a company.  Operating a business through a company for its asset protection advantages is one of the main reasons that business accountants across Perth recommend companies.  What is a company?   A company, as legally defined by the Corporations Act 2001 (Cth), […]

Divorce is a life-altering event that is often difficult and confusing.   And there is a myriad of family, legal, tax and financial aspects of a divorce.  The allocation of tax debts, money and assets within the divorcing couple is a significant consideration and emotionally charged.   And the tax impact of that asset split from your […]