Tax Tip 577: How to Earn $90,000 pa and pay just 4.8% tax From July 2024 a resident individual taxpayer will be able to earn up to $45,000 and...
Tax Tip 557: Debt Recycling into Assets that pay no Income Debt Recycling is converting a loan on which the interest isn’t deductible into a...
Hi all, Let me know what you think of the below debt recycling strategy & approach. [ATTACH] Numbers are illustrative. Distributions from the...
Hi, first post on the forum! I'm looking at debt recycling and have a split loan already paid and ready to redraw. I'm wondering if there are...
Tax Tip 517: How to Borrow to pay ‘cash’ expenses It is not possible for you to pay for something and then reimburse yourself with borrowed...
No that won’t work. The definition of a trust is someone holding something for someone else. Where the trustee and the beneficiaries are the same...
I could spit out a trust in a few minutes, both trustee and settlor could sign it on the spot and the whole thing done in 10minutes – but this is...
If you own assets you will have an ‘ownership structure’ whether you realise it or not. You will also have ‘structured funding’ whether you pay...
It is generally difficult to get finance to purchase property overseas if you live and work in Australia. It may be possible for some to borrow in...
Legal Tip 371: You are Not the Only Beneficiary of that Discretionary Trust! I often hear clients telling me that they are the only beneficiary...
Discretionary trusts are great, but where you want to sell part of an asset held in a discretionary trust there is no ability to bring in others,...
Keen to get some thoughts - our accountant has provided two options if I want to set up a structure to buy develop sell 2-lot...
When lending money to third parties you have to think ahead on what can go wrong and the implications of this. You will be surprised how many...
It should be well known that a company lending money to a shareholder or an associate will trigger taxation as if it was a dividend if the loan is...
I had a client wanting to buy a main residence, then next was the investment property. His intention was to make the main residence an investment...
The settlor is the person who gifts property to the trustee to start off a discretionary trust, or sometimes a unit trust. For tax reasons they...
I was amending a trust deed for a client and came across some poor wording which could have exposed all of the asset of the trust to creditors....
Hi all Wondering if anyone can shed some light around discretionary trusts when there are limited beneficiaries available to distribute to. I...
I put this list together for a client and thought it might be useful to post: Legal Tip 55: A Company Owning Property Legal Tip 55: A Company...
A discretionary trust can have beneficiaries other than members from the same family. A friend could be included as a beneficiary of the trust...
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