Detail of Personal Services Income (PSI)
What are the PSI Rules meant to do? The rules were designed to improve the integrity of the tax system by addressing both: The capacity of individuals and interposed entities providing the personal services of an individual to claim higher deductions than employees providing the same or similar services; and The alienation of personal services […]
FBT for Schools
You may be aware that draft Taxation Ruling TR 2018/D2, Fringe benefits tax: benefits provided to religious practitioners (‘TR 2018/D2’) was recently issued for comment. It seeks to provide guidance as to the application of the FBT legislation in respect of whether benefits provided to religious practitioners of religious institutions may be treated as exempt […]
Family succession planning for business owners
For many business owners, the objective is to pass a profitable and successful business through to the next generation, but this is not something that simply happens and the planning you undertake for a business sale should be similar to transferring a business within the family group. If you are a business owner, you may […]
Conversations about estate planning
The role of a practitioner is to identify and address issues in the affairs of a client, but the conversation about estate planning is one that many put off until too late. How does the conversation start? Understanding your client and how they are operating is a key starting point. In looking at their business […]
C&D Pub Consulting
Are you a hotel operator looking for a different view of what your options are and how you can improve your business. Our team has run over 90 licensed venues over their career focusing on high level turnaround and either packaging for sale or bringing in long term management. Where you partner with us our […]
White labelled tax advice
Working with the C&D team allows firms to offer complex and comprehensive taxation advice without the expense of full time technical staff. We offer a mechanism that allows firm to delivery our advice as branded for the firm, with clear explanations and simplistic operative structures. Our advice is written in line with your firm’s expectations […]
The unrealistic landlord
The landlord, for most businesses, is the last to know but generally holds all the cards. Dealing with a landlord who is unrealistic however can make your business less likely to be able to survive a restructure or change in your business. If the landlord is unwilling to negotiate on rent arrears or a rent […]
Business succession planning
You’ve run your own business successfully and now it’s time for you to leave. What now? According to Forbes, succession planning has been defined as the number one responsibility of board members, however only 14% of directors had a detailed succession plan in place. A succession plan outlines who will take over your business when […]
Can I repair my credit?
There are a number of business offering credit repair services some appear to be functional, but others don’t necessary cut the mustard. The service that they offer is generally to dispute a listing on the grounds of breach of reporting rules, invalidity of debt or any other grounds they can find. Can you do it […]
What is an appointor?
An Appointor has one key job, which is to appoint and remove Trustees of a trust. The Appointor will also usually have other powers such as the ability to refuse certain actions by the Trustee with issues like amending the trust deed, changing the vesting date of the trust and changing beneficiaries of the trust. […]
