by Davie Mach | Jul 15, 2024 | Small Business Handbook, Business Structure
The different types of trusts in Australia are widely used as a preferred business structure when it comes to investments, managing the financial affairs for families and business purposes. But did you know there are a handful of different types of trusts in...
by Davie Mach | May 13, 2024 | Business Structure, Small Business Handbook
When starting a business in Australia, you will need to choose an appropriate business structure. This decision will affect how your business is taxed, your liability level, and the legal obligations you need to meet for compliance purposes. The most common business...
by Davie Mach | Nov 1, 2020 | Contractor Handbook, Business Structure, Tax Planning
Following the Review of Business Taxation report in 1999, various recommendations were made due to growing concerns that individuals were sidestepping the tax implications of personal services income through the use of interjectory companies. contract As a result,...
by Davie Mach | Jan 10, 2020 | Small Business Handbook, Business Structure, Business Structure, Contractor Handbook, Startup, Startup, Startup, Structures
Updated: 14 July 2020 If you’re a sole trader or in a partnership, you’re likely assessing Pty Ltd Company advantages and whether setting up a Pty Ltd Company would be suitable for your situation. Many clients ask me why they should set up a Pty Ltd...
by Davie Mach | Feb 14, 2019 | News, Accounting & Tax, Business Structure, Business Structure, Contractor Handbook, Guides, Small Business Handbook, Small Businesses, Structures
When winding up a company, you must follow the correct process to ensure that your proprietary limited company has officially ceased to exist. Without doing so, you are still obligated to perform regulatory reporting and incur fees on an annual basis. Furthermore, the...
by Davie Mach | Oct 29, 2018 | All, Business Structure, Business Structure, Contractor Handbook, Guides, Small Business Handbook, Startup, Startup, Structures
A common question that a lot of new business owners ask themselves is “what business structure should I choose?”. The answer to what business structure is best depends on your situation and what your business goals are. Therefore, there’s no easy to...
