TAX STRUCTURES
Getting your business or investment tax structure right from the start offers considerable advantages over taking a “she’ll be right” attitude. The choice of tax structure and the determination of which tax structure suits your situation is largely dependent on a “future view” of your business or investment strategy. The choices available include; sole trader, partnership, trusts (and their various permutations), joint ventures, companies and superannuation funds.
By addressing this “future view” we can make sure your taxation structure suits your current and future situation whilst limiting potential taxes in the longer term. Consideration should also be given as to the market presence of your operations, potential liabilities (if any), employment of staff, internet presence, system controls and software.