How to direct particular super assets to particular beneficiaries
A key benefit of having your super in a SMSF is that you can choose who ultimately benefits from particular assets within your fund when you die.
Is it worth transferring your home to your spouse?
Is it worth transferring your home to your spouse before going into business?
Telecommunications Leases – are you getting a raw deal?
Have you been approached by a telecommunications carrier that is interested in putting a tower or other structure on your land? How do you know if the deal you are being offered is fair?
What’s the best structure for my startup?
When asked what structure to use, we like to apply several key principles and ‘rules of thumb’ to get the right answer.
ESS – The ‘start-up’ concession
What is the ESS ‘start-up’ concession and how do employees qualify for it? If you are receiving shares or share options from your employer, you need to know how and when they will be taxed. This article covers when an employee is eligible for the ESS ‘start-up’ concession to reduce the tax they must pay.
ESS – How do you work out the ‘discount’ when you grant an interest under an ESS?
When setting up an ‘employee share scheme’ (ESS), employers often grapple with the tax implications of issuing ESS interests. However, these concerns only arise if there is a ‘discount’ at the time the ESS interest is granted. Working out if there is a discount, and what the extent of the discount is, are therefore two critical threshold questions.
ESS – Qualifying for ‘deferral’ of the taxable discount
How do you qualify to defer any tax otherwise payable on shares and options acquired under an employee share scheme? When does the deferral come to an end?
To what extent can a company indemnify a director?
There are over 700 laws that can impose personal liability on directors. While it is common for companies to provide directors with an ‘indemnity’ or ‘insurance cover’ for these liabilities, there are limitations and restrictions on how far this indemnity and cover can extend.
‘UPEs’ and ‘FMDs’, and your estate planning
What is, and what is not, in your personal estate? This may sound like a academic question not worthy of a lot of thought. However, if you are in estate planning mode, it is critical that you answer this question correctly.
How much is the ASIC lodgement fee to set up a company in Australia?
How much is the ASIC fee to set up a company in Australia?