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...
Hi folks I was potentially thinking of having a bucket company as a beneficiary of a family trust to help smooth income over years. Is there any...
The bucket company strategy can allow income to be completely tax free under certain limited circumstances. How it works is that you would set...
When the trustee of a discretionary trust holding shares dividends can be passed on to beneficiaries of the trust and this includes beneficiaries...
I have a friend who is on the top marginal tax rate, has several properties in NSW, and has about $2mil in cash offsetting the property loans...
Some people set up bucket companies where the shares of the company are held by themselves personally not as trustee. This makes it very difficult...
This is a more detailed version of a previous post first written in May 2016: Legal Tip 131: Legal Tip: Estate Planning Implications of Bucket...
Where a company lends a shareholder, or an associate of a shareholder, money it will be deemed a dividend, and taxed as such, unless the loan...
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