Structure planning

Structure planning What is a family trust? A simple example: Young Alice and Ben’s grandma has given them $500 each as Christmas gifts. Knowing the kids are under 18, grandma said to them: ‘ You two are really beautiful kids, but you are still too young to take care of the money. How about I […]


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Company Set Up

Company Set Up Company is a separate legal entity which offers limited liability to shareholders. A private (proprietary) company will be address as XXX Pty Ltd and a public company will be address as XXX Ltd. Advantages of a company include that: liability for shareholders is limited shareholders’ ownership can be transferred to other party […]


SMSF Set Up A self-managed super fund (SMSF) is a private super fund that you manage yourself. SMSFs are different to industry and retail super funds. When you manage your own super, you put the money you would normally put in a retail or industry super fund into your own SMSF. You choose the investments […]

Accounting system set up

Accounting System Set Up – Which accounting software should I use ? You need an accounting software which should has the following function: Using cloud based techknowledge STP (single touch payroll) function Superstream function Link to bank function Tracking income and expenses Issue invoices and send quotes to customers ·         Snap & store receipts ·         […]