Investors often control or partially own private companies. They could be trading companies, holding companies or bucket companies. Money in these...
Diverting income to a company is a way to postpone excess tax to future years. The company will generally pay a 30% tax rate and the shareholder...
Hi Everyone, I was keen to get your thoughts on the below so I feel (somewhat) well prepared before I have a chat with my accountant/lawyer....
A bucket company is a company that receives distributions from a discretionary trust. They are usually used to cap the tax at 30% on investment...
I have made a list of all the tax and legal tips that I have made on Bucket Companies Here is is Legal Tip 93: Bucket Companies as Beneficiaries...
Hi guys, I know a lot has been discussed about using a Bucket company as one of the beneficiaries of a Family Trust to minimize tax. I also...
TL;DR - is it worth considering distributing money to a bucket company (30% tax) versus distributing to individuals with CGT discount (~22.5%...
Last time I showed how a bucket company can allow for extra compounding to occur which allows for earnings to compound quicker. This results in a...
A company that is not trading will generally pay a maximum tax rate of 30% whereas an individual will generally pay a maximum of 47%. That means...
Div7A will deem loans from companies, related to shareholders, to be taxed as unfranked dividends unless a Division 7A loan agreement is in place....
When a company pays a dividend to a shareholder the dividend can have franking credits attached to it. This will allow the shareholder to get a...
Where family circumstances permit, it may be worth considering having a bucket company owned by the oldest person in the family. Example Bart...
Companies can be used for many different things, including the following: a) Operate a business b) Hold business assets c)...
Changes to company tax rates Question: With the new definitions/changes to company tax rates, do bucket companies that get business...
Is there a low risk way to make the Bucket Company a base rate entity so it pays tax at 25% than 30%? Bucket companies can take time to...
Many have had to amend trust deeds where the trustee holds land so as to exclude foreign persons from ever benefitting from the trust. This is...
Hi forum members, My situation: -I'm a business owner who would like to buy a house for myself to live in long-term (principal place of...
Not sure if my understanding is correct I have a discretionary trust that's been distributing dollars and franking credits to a bucket company...
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Hi All, This is my first post on propertychat. Hope I am not posting a duplicate question. I did search on properychat and could not find any...
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