It is well known that a family trust has many benefits beyond tax. So, when a Perth business accountant discusses tax law structuring for family trusts, one of the first essential questions raised is: Who should be the trustee of my discretionary trust? The choice of a trustee significantly impacts succession, tax efficiency, asset protection and ongoing costs.

Property depreciation is a non-cash tax deduction available to the owners of income-producing properties.  It is one of the few tax benefits that Perth tax accountants can discuss with their clients, and it does not require the ultimate cash payment to enjoy.

As a non-resident SME doing business in Australia or operating with an Australian investment portfolio, GST is a tax that many SMEs consider very important. Managing your GST and BAS obligations is essential if your Australian SME operations are in Perth or across Australia. If you do not properly manage your GST obligations, the cost from top-line revenue could turn a profitable Australian business into a loss.

Many Perth business owners recognise the benefits of using a CFO for their business operations. From forecasting cashflow to structuring deals in Perth, business accounting, managing tax compliance, and setting long-term strategy, an engaged smart business CFO helps drive the operations and success of a successful professional family business.