The cost of land tax is a commonly overlooked tax within Perth’s tax advisors. The common focus on the “big” taxes of income tax, main residence exemption, CGT, GST and the 50% CGT discount is a primary driver for many families structuring their investments. However as a family grows their property investment portfolio the land […]

With the property market booming across Perth the tax structuring and asset protection for property investment is becoming a significant focus. And while no “one size fits all” approach ever works with tax advisory, the importance and benefits of a unit trust to acquire and hold residential and commercial property is increasingly important. A unit […]

The practice of issuing a quote to your customers is an important part of running a small to medium sized business and should be part of your overall business plan.  The quote will give your customers an indication of price, service expectations and turnaround times. Around Perth the practice of requesting a quote is now […]

Over the summer holidays a lot of small to medium business will have a small to non-existent finance team as everybody starts to go on holidays – especially in Perth where the weather is so good.  And this concern is even more so for family business’s when a family member is given the role of […]

Purchasing cars for many small and medium businesses can be a significant cost.  And as accountants in Perth, we have clients with a single car salary packaged in the business and clients with a fleet of over 50 cars. Regardless of the size of your business the cost of buying, running and maintaining a car […]

If you run a small to medium business through a company you are likely enjoying a lower tax rate.  The company tax rate is currently at 25% for a trading business (<$50m) which compares well to the individual highest tax rate of 47%. The tax rate differential is an incentive for many Perth based small […]