winners and losers

Issues with Family Trusts

October 2011

Family trusts can be a very tax effective way of managing wealth, and a useful part of an overall strategy for wealth accumulation and asset protection. What is a family trust? The term family trust refers to a discretionary trust set up to hold a family's assets or to conduct a family business. Generally,...

Rugby World Cup Time

August 2011

JOIN OUR RWC FOOTY TIPPING COMPETITION We invite you to join us in our RUGBY WORLD CUP TIPPING COMPETITION, where we will compete against each other over 7 rounds from 9th September 2011 to the final on 23rd October 2011.SME is partnering with DTA Worldwide, who are clients of ours (

Budget 2011 – Small Business Tax Changes

May 2011

This article contains a summary of the key tax changes in the 2011 budget that impact on small businesses. As always, there are winners and losers. A small business for tax purposes is defined to have a turnover of less than $2 million GST exclusive. Immediate deduction for asset purchases Small business...

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