The media has called the forthcoming (but still not finalised) tax on super balances over $3 million as a 30% tax. In fact, it is two taxes of 15% that work differently.
For those 85,000 or so taxpayers who are fortunate enough to have their … Read more
A Practical Guide to Post-Business-Exit Planning
Imagine the excitement that accompanies the sale of business process.
You have worked so hard to build your business to become Investment Ready. Years of preparing the succession and sale. Then the sales program. Negotiating with the would … Read more
Riding Shotgun in Targa Tasmania
Airborne at 220 kph. That was never the plan.
There is nothing in the world like Targa Tasmania. Six days of some of the best tarmac rally roads in the world.
And I got to be the navigator. In the main competitive section of the event. In a … Read more
The best tax break in years? Just maybe!
Fringe Benefits Tax squashed the excesses of the 1980s.
Business owners once buried the costs of their big lunches, expense accounts, holidays, and private motor vehicle costs into the costs of their business. Those expenses were all pre-tax … Read more
