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) […]

The start of a new financial year normally brings around a sense of trepidation among many. Was our stocktake done properly? Were the employee PAYGW certificates issued? What about the travel allowances? Can my dividends be franked this year? When do I have to schedule the auditors in? Do I have to schedule auditors? What […]

One of the greatest joys in being a parent is that your children cannot sack you and find another.  You can repeatedly make mistakes time and time again and still keep the jobs of “Mum” or “Dad”.  You’re there for life. Sadly you cannot sack your children – no matter how tempting that might be. […]

From 1 July 2017 employees will be able to claim superannuation deductions for contributions made to a superannuation fund.  Currently the only contributions that could be claimed would be ones that were made by an employer or if the employee’s salary is a minor part of their overall income. For families who own businesses these […]

Careful long term planning of your property portfolio can make a big difference. Stamp duty planning Stamp duty planning is an often overlooked part of a strategy for families.  Typically a family will develop and build a property portfolio and the cost of stamp duty is considered an unavoidable by-product of buying portfolio. This is […]