Which legal structure is best for my business?
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Which legal structure is best for my business?
The Benefits
Ashmans regularly assist clients in choosing and establishing business and investment structures appropriate to their needs.
We will help you transition to a more effective business and investment structure to maximise your business profits.
The choice of an appropriate business or investment structure is crucial to maximising your returns and minimising the legal and economic risks.
It is very important to receive professional advice in order to choose an appropriate structure prior to commencing a business or acquiring an investment. In particular, this is because there are often substantial capital gains tax, stamp duty, and advisory costs involved in restructuring to a more appropriate or necessary structure.Having the right business structure in place is important as it can affect:
Trusted Adelaide Accountants
I went to Joe after having problems with my previous accountant and he is a breath of fresh air. He is very professional, is very quick to
Gianfranco Ingegneri
Adelaide
Have been using their business for the past few years and have always found their service to be polite, friendly, helpful and knowledgeable
Lynda Hunter
Adelaide
We have been using Joe for over 6 years now for our family trust & business tax affairs. Throughout Joe has been delightful to deal with, n
V Stefan
Adelaide
We have been using Eureka Tax Services for the last 3 years and this year, after re-branding to Ashmans Accounting, we met the director of
Josh Smart
Adelaide
I have had my taxes done here for 3 years now, but this year, I found a great young lady who helped me get my best return yet, even better,
Joanne Bilston
Adelaide
I have been getting my tax done through these guys for a few years now and every time it is a smooth and easy experience. The staff are supe
Jessica Vincent
Adelaide
Flexible options for service means I got my tax done even during covid restrictions. Dealt with Carol and Yolanda. Great people to make
Mike C
Adelaide
i have used your organisation for my tax returns , since coming to Adelaide, about 13 years. i have always had excellent service on each occ
Athol Newell
Adelaide
Service and help was absolutely fantastic! Yolanda, the receptionist was very helpful in providing assistance in booking, organising the
Sarah Valle
Adelaide
fast and professional services offerred
allan shelley
Adelaide
Frequently Asked Questions (FAQ)
How your business or investment is structured is important in order to maximise your returns, while also minimising any associated legal and economic risks. There can be significant tax and legal implications if you attempt to change the structure of an existing business, so it’s important to make the right choices at the outset.
There are significant implications in terms of capital gains tax, stamp duty and advisory costs for setting up or restructuring a business or investment, and so professional advice is essential in order to fully understand the full range of tax and non-tax related factors.
A business with a turnover of less than $2 million is classified as a small business entity (SBE), which means there are a number of specific concessions available. These include Goods and Services Tax (GST) concessions and Pay As You Go (PAYG) instalment concessions, as well as Fringe Benefits Tax (FBT) concessions, excise concessions and capital gains tax concessions.
Ashmans Locations
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