by C&N Accountants | Oct 8, 2024 | Estate Planning
When thinking about passing on your assets, it’s not just about deciding who gets what – there are tax implications to consider. How your assets are transferred to your beneficiaries can affect how much tax they must pay. This will depend on the asset type...
by C&N Accountants | May 5, 2023 | Family Trusts, Tax & Accounting, Trusts
Setting up a trust is often driven by a new business opportunity, a growing business, or a need to better structure your investments. When set up correctly, there are often clear tax benefits when it comes to operating as a family trust. The importance of the correct...
by C&N Accountants | Oct 31, 2022 | ATO, Tax & Accounting, Trusts
The Australian Taxation Office (ATO) is actively targeting trusts and how trusts distribute income to beneficiaries. For those with discretionary trusts it is important to ensure that all trust distribution arrangements are reviewed considering the ATO’s latest...
