Westcourt

What is a self managed super fund and how does it work?

A lot of media focus is on self managed superannuation funds (SMSF’s) and their benefits.  However, often the benefits and opportunities with a self managed super fund is often coloured and blurred with the investment opportunities available to a SMSF. So what is a SMSF? A self managed super fund is an Australian resident discretionary… Continue reading What is a self managed super fund and how does it work?

Why buying property in a unit trust is popular

With the property market booming across Perth the tax structuring and asset protection for property investment is becoming a significant focus. And while no “one size fits all” approach ever works with tax advisory, the importance and benefits of a unit trust to acquire and hold residential and commercial property is increasingly important. A unit… Continue reading Why buying property in a unit trust is popular

Asset valuation guide for SMSFs

Many families in business use the unique tax benefits of SMSFs.  And this guide is to help SMSF trustees understand their obligations to getting a valuation. Getting a valuation If you are running a SMSF you have obligations as a trustee to do a range of tasks.  And while we effectively manage a lot of… Continue reading Asset valuation guide for SMSFs

Directors Identification Numbers are coming

It is surprising for many families in business that you do not need to prove the identity of a person when they become a director.  In effect a company could be created with fake directors’ present (like Donald Trump or Julius Ceasar) and ASIC will not impact or follow up on the application. This creates… Continue reading Directors Identification Numbers are coming

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