Protect Assets: discretionary trusts. You can help protect your family against unexpected claims and creditors if you establish a discretionary trust.…
Protect Assets - business real property. Your super fund can purchase your business premises at commercial valuation and charge a commercial rent to your operating entity.…
Protect Assets: private use assets.…
Protect Assets – take a registered charge over your company. Have you loaned substantial funds to your company or trust (with a corporate trustee)?…
Protect Assets - main residence in spouse's name. Operating a business exposes the owner to risks including statutory penalties, business debts and common law damages.…
Protect Assets - discretionary trust owning company shares.…
Protect Assets: Register loan in 20 days or lose it!…
Save Tax - personal use assets. These are assets (other than collectables) kept primarily for your personal use and enjoyment. If acquired for $10,000 (excluding GST) or less, any capital gain is exempt.…
Save Tax: Low cost assets. You can get a full deduction for items of plant costing $100 or less (including GST). If you have a large number of acquisitions you can use a sampling rule to calculate your deductions.…
Save Tax: Selling assets tax free. If you have assets or investments in your self managed super fund and you move it into pension phase and then sell the assets, there is no CGT or other income tax on the sale of the assets! Keywords: Next Article.…