Many small to medium-sized businesses across Perth have used bucket companies to save on tax with the help of their Perth tax accountant. However, the tax benefits and structuring of bucket companies require thought and planning, and they also have tax downsides that need thought and preparation. This blog will outline the tax saving strategies… Continue reading How to Use a Bucket Company to Save on Tax
Sadly, almost every family business in Perth has asked their tax accountant – how is the tax treatment of my unfair dismissal payment treated? The tax treatment of legal fees paid on unfair dismissal If your family business incurs legal fees defending an unfair dismissal claim, the legal fees paid are tax deductible. The legal… Continue reading The Tax Impact on Unfair Dismissal Claims
Most families in business around Perth are aware of the tax benefits of negative gearing in real estate. The tax law surrounding negatively geared share investments is almost the same and differs when looking at the tax effect of capital-protected loans. When Perth family businesses talk to their tax accountants about the tax benefit of… Continue reading What is the Tax Effect of a Capital-Protected Loan?
