Governing your Business

Governance focuses on the policies and mechanisms set in place to administer and direct your business. Although many believe that corporate governance is something reserved only for large corporations, this is not true. In fact, good governance is vital to the growth...

Succession Planning

As the old adage states, “fail to plan and you plan to fail”. While this may seem a little worn out, it is still very relevant and true, particularly when it comes to business. Most businesses are the result of many years of hard work and dedication. However, owners...

Trust Resettlement

If you are thinking about implementing modifications to your existing trust, it is important to consider whether such changes could result in the requirement for resettlement of the trust. When a resettlement happens the original trust is said to have come to an end,...

Preparing for the End of Financial Year

With the end of the financial year approaching, now is a prime time to start preparing for your business tax return. Planning for the end of financial year is usually commenced in March as it gives you time to organise yourself and create appropriate tax plans to...

Planning for Property Investment

Owning an investment property can be a rewarding experience, both financially and emotionally. There are many considerations other than the purchase cost of the property that need to be taken on board beforehand. Apart from the type of property (such as a unit or...

URGENT – Important changes to Trust Law

On 2 June 2011 legislation to enable the streaming of franked dividends and capital gains from trusts for tax purposes, as well as targeted anti-avoidance rules with relation to trust law, was introduced into parliament. It is important that all trustees are made...