The ATO is currently targeting contrived trust arrangements that minimise tax by creating artificial differences between the taxable net income and distributable income of closely held trusts. Arrangements where trustees are engineering a reduction in trust income to improperly gain
Some Australian small business owners may now be able to apply the small business restructure roll-over concession upon restructuring their small business. A key decision when starting up your own small business is deciding on the structure you will use.
Wishing all our clients and business associates a very Merry Christmas and Happy New Year 2017 Please note the office will be closed from Thursday afternoon 15th December and re-open on Tuesday 10th January. Should you require any urgent assistance