Business Structures
Get help choosing a business structure that can give you tax benefits and protect you financially. You can change the structure as your business changes.
When you first start a business, you’ll need to decide on its structure. Your business structure identifies how you operate as a trading business. It’ll affect things like:
- who can make important decisions
- tax advantages and disadvantages
- how profits and losses are shared
- legal obligations and costs.
You can change your business structure as your business grows or situation changes.
More Articles
ATO encourages trustees to use voluntary disclosure service
The ATO is encouraging SMSF trustees to use its voluntary disclosure service to inform it early if a...
Most Popular Operating Systems 1999 – 2022
Check out the most Popular Operating Systems 1999 ...
Beware of terminal illness payout time frame
If an SMSF member is diagnosed with a terminal illness, it is best not to close out the fund before the...
Super sector in ASIC’s sights
The superannuation sector’s handling of retirement outcomes will be an area of focus for ASIC which has also...
Capital losses can help reduce NALI
Capital losses can be used to reduce or eliminate NALI tax exposures in relation to a tainted capital gain...
How investing regularly can propel your returns
Even investing small amounts on a regular basis will compound returns over time. . Among many other...
Investment and economic outlook, August 2024
Region-by-region economic outlook and latest forecasts for investment returns. . This month, we take a...
What the Reserve Bank’s rates stance means for property borrowers
The funding gap between variable and fixed rate loans is continuing to widen. . Reserve Bank of...
Sofie Korac is an Authorised Representative (No. 400164) of Prudentia Financial Planning Pty Ltd, AFSL 544118 and a member of the Association of Financial Advisers.
Financial Advice Sydney and the North Shore Office based in Gordon NSW