by Ico Ho | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief
Holding your life insurance policy through your super fund is not always as “tax-effective” as you may think. You need to think past the “deduction” for premiums. The good news Funding life insurance premiums through super can be tax effective because concessional...
by Ico Ho | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief
We often get asked whether it is better to have a ‘company trustee’ or ‘individual trustees’ for a self-managed super fund. This question gets asked both when we are setting up a new super fund, and when we are reviewing an existing super fund. In our view, the short...
by Ico Ho | 6 - 287, 6 - 369, 6 - Build and protect your wealth (including trusts), Solution Brief
The Government just can’t help itself but tinker with super. Our courts then need to interpret what it all really means, so we know exactly what we can and can’t do. Put simply, super never stands still. But it remains worthwhile hanging in there, because you can...
by Ico Ho | 6 - Build and protect your wealth (including trusts), 8 - Pass on your wealth (including EP), Solution Brief
It’s official: super isn’t part of your estate. A recent Federal Court Decision highlights the risk of failing to consider one of your biggest assets – your super – as part of your estate plan. The recent Federal Court Decision in Stock (as Executor of the Will of...
by Ico Ho | 35 - 294, 35 - Manage and incentivise your team (employment law)
Payroll tax applies when the total wages expense for a business equals or exceeds $1.5 million in a financial year. Medical clinics in South Australia have not previously been paying payroll tax for payments made to General Practitioners (GPs) who provide services to...
by Ico Ho | 6 - 288, 6 - Build and protect your wealth (including trusts)
Trusts have long been an essential tool in estate planning and wealth management in Australia. They offer a flexible way to hold and distribute assets while providing tax benefits and asset protection, but all good things come to an end, and each trust has a vesting...
by Ico Ho | PodCasts, Resources
How would you structure a property development project for tax purposes? Not that you would ever structure something just for tax. Of course tax is just one factor of many you need to consider. In this episode let’s look at the basics. What types of developers are...
by Ico Ho | PodCasts, Resources
If you want to sell parts of your land, you need to subdivide. But when you do this subdivision of land, what happens taxwise? When does CGT event K4 apply? Can you retain the main residence exemption? And when would your property development be a profit making scheme...
by Ico Ho | PodCasts, Resources
How should you structure a multi-project business for asset protection? Let’s say you are a builder with several construction projects. Or in hospitality with several restaurants and cafes. Or a retail chain with various locations. Or in agriculture with several...
