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There are various structures to establishing a business. Our firm specialises in providing a well-tailored structure for every client. The four main and commonly used business structures used in Australia are: Sole trader Partnership Company Trust With each, there comes different business requirements and tax obligations. That’s what makes our firm stand out from most,… Read more »
In the state of Victoria, there are various types of grants in obtaining the right to distribute deceased assets or estates by the Supreme Court. These are, through the processes of the role of executor appointed in a valid will or by applying for the role of administrator, through Letters of Administration. However, these vary… Read more »
Estate planning can often be a confronting topic to discuss. However, many undervalue the importance of doing so and having a valid up to date will. Besides the fact that it would lighten the burden on your family during a time of mourning the importance includes: Allowing you to choose your preferred executor who is… Read more »
The Sale of Land Amendment Bill 2018 was passed by Parliament where specific reforms have been implemented regarding the Sunset clause. This will have an affect anyone buying or selling property Off – The – Plan. The Sunset Clause The sunset clause is included in the contract of sale stating the specific time frame in… Read more »
Back in April 2015 we were one of the first firms in Victoria to complete an electronic settlement for a conveyancing transaction. We found the process very straight-forward and exciting as it removed the need for parties to run around with cheques, engage settlement agents to attend physical settlements and allowed real-time transfers to occur… Read more »
There are multiple ways in which you can structure your property purchase. Each structure has pros and cons – but each should be considered when purchasing a new investment property and sometimes for the primary residence. Many of the advantages are not immediately apparent due to the long-term nature of property holdings. Given the significant… Read more »
Often tax payers are unaware of deductions they’re able to claim. Whilst it’s an obligation to pay tax, that doesn’t mean you should be paying more than you have to. Whilst we strongly suggest seeing a professional such as us to prepare your return, having some insight into what you can and can’t claim will… Read more »
Recently it was announced that offshore businesses who supply goods and digital products to Australian consumers with an Australian turnover of $75,000+ will be required to withhold and remit GST to the ATO. This was already the case on purchases greater than $1,000 (as there was an exemption for supplies less than $1,000). However, from… Read more »
We’re very pleased to open our new office in Glenroy, where our lawyers and accountants are ready to service our local community. We are keen to meet and assist local business owners and recruit from the Glenroy area. We are just off Pascoe Vale Road, near the Commonwealth bank. Let us know your thoughts and… Read more »
We’re pleased to show-case our new site – with many changes to incorporate and show-case our recent achievements, expertise and some tips for our clients and potential clients. The new site is live and we’d be adding plenty of content in the next few weeks.