Westcourt

2021 Budget Highlights

Budget Highlights The Federal Budget contains a raft of tax changes.  We have summarised the relevant tax changes for our clients (with the most relevant at the top). Temporary full expensing Business can expense all plant and equipment purchased and installed before June 2023.  This is an extension of the previous position of having the… Continue reading 2021 Budget Highlights

So what is a family business?

Our Perth advice business only focusses on family owned businesses.  However many of our clients do not think of themselves as a “family business”. We have defined a family business as: A business that is controlled and significantly owned by two or more members of the same family with the hope that the business legacy… Continue reading So what is a family business?

How do I make a crisis management plan?

A crisis management plan is a simple concept to explain. It is a plan to guide your loved ones in the event of a crisis. So yes we are talking about your death, a tragic accident or just a gradual loss of control over your financial affairs as you get older. Effective estate planning is… Continue reading How do I make a crisis management plan?

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