August Newsletter

3 Tips for August

Buyer beware – off the plan!, SMSF strategy, and business structures.

Welcome to the new financial year, I hope your business is doing well thus far. We have three tips for this month for you.

Youtube video – 3 Tips For August

Off The Plan Buyer Beware!

Off the plan developments are very risky, we would never recommend them for the vast majority of our clients. There is simply too much that can go wrong. See below.

“Salim Mehajer, the western Sydney deputy mayor, is hoping to make more than $45 million extra profit by simply shifting walls around on one of his developments in the Auburn council area.” Read More

SMSF Trustees – Individual or Corporate?

When setting up a Self Managed Super Fund (SMSF), it is crucial to consider the advantages and disadvantages of using a corporate trustee instead of an individual trustee. A SMSF may have up to four individual trustees or one corporate trustee. Read More

Company structures:

Do you have the right business structures in place? Dave Kang has written an article detailing the different business structures available. Read More

Don’t forget to give us a call if you have any tax, super or business questions.

If you want a free home loan health check, or your bank is giving you grief, give John a call for free guidance or a second opinion.

All the best,

Business Accountancy Team

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