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You may have recently seen some stories in the press or on social media circulating surrounding the ATO’s attack on Family Trusts.  In late February, the ATO released three new pieces of guidance that formally provides their aggressive position on discretionary trust distributions. The guidance is comprised of:
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Discover how we sped up one clients retirement plan from 3 years to 12 months! Meet Rob and Donna, they’ve been in business for over 20 years, and for the past 15 years they have been lucky enough to have their 2 sons working alongside them in their family-owned business.  When we first met in July 2020, they both explained how they were now ready to retire and are looking to sell the business to their sons, but had no idea as to where and how they should start?
What does this husband and wife team need to do to get them 1 step closer to retiring in the near future? |
AuthorHansens is a team of accounting professionals that love what we do. The observations and opinions in the articles written here, aim to challenge, inspire and provoke change into making your business better! Archives
July 2023
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