Newsletter - August 2023

Author

This month we look at: the blowback from the tax refund expectation gap, why succession is more than a TV show, and the implications and pitfalls of small scale subdivisions

 

  • The blowback from the tax refund expectation gap

The tax refund many Australians expect has dramatically reduced. For many, the end of the low and middle income tax offset has meant that their tax refund has reduced dramatically compared to previous years. Page 1-2. Read More

 

  • Succession: What does it take to hand your business to the next generation?

What is the end game for your business? Succession is not just a topic for a TV series or billionaire families, it’s about successfully transitioning your business and maximising its capital value for you, the owners. Page 3-4 Read More

 

  • Thinking of subdividing? The tax implications and pitfalls of small-scale subdivisions

Many small-scale developers often assume that their tax exposure is minimal – but this is not always the case and the tax treatment of a subdivision project can significantly impact on cashflow and the financial viability of the project. Page 5-6 Read More


 

Quote of the month:

“It always seems impossible until it's done.”

Nelson Mandela

 

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