A Will?… in spirit at least!
What would become of your business if you were no longer around? What would happen if this was to happen suddenly? What would your family do? Should the business be sold? Is it Investment Ready? Are … Read more
Tax Trap
1. Tax Trap ... whoops.
When a taxpayer borrows money for the purposes of acquiring an investment, such as a rental property, a business, a share portfolio or an income generating capital asset, the interest expense associated with the investment … Read more
The Gold Standard for being “Investment Ready”
In an ideal world, business owners have me plan their exit strategy 5 years before a sale is even contemplated. It can be very rewarding to get this right!
But the real world can be very different.
Sometimes owners simply get tired of … Read more
2024 Tax Planning Checklist
Just a few smart things can save you a lot of tax. Legitimately!
1. Instant Asset Write Off
Yes, it is still available, and the amount has increased from $20,000 to $30,000, plus it is now available for businesses with turnover up to $50 million … Read more
