A review is critical during significant business changes such as rapid growth, bringing on new partners, planning for succession, or before acquiring major assets. We also recommend a periodic review every 2-3 years to ensure it remains optimal.
Peace of mind. It ensures your company's legal and administrative obligations to ASIC are met accurately and on time, preventing costly penalties and allowing you to focus purely on your business operations.
Absolutely. This is a core area of our expertise. We analyse your existing structure and provide strategic advice on how it can be optimised, whether that involves creating a holding company for asset protection or simplifying the structure for greater efficiency.
The optimal choice depends entirely on your specific goals. Generally, a company structure can be simpler for retaining profits and managing straightforward operations. A trust structure often provides greater flexibility for asset protection and distributing income tax-effectively among family members. We guide you through this critical decision to ensure the structure serves your long-term vision.
Your structure determines the tax rate you pay and how profits are distributed. Companies pay a fixed tax rate on profits. Trusts, however, do not typically pay tax themselves. They pass income to beneficiaries who then pay tax at their individual rates. The right structure, tailored to your circumstances, is fundamental to effective tax planning and can significantly improve your financial efficiency.
This is a common and positive sign of growth. While a restructure involves careful legal and tax considerations, we manage the entire process for you. Our role is to handle the complexity, liaise with legal advisors, and ensure a seamless transition from your old structure to a new one that empowers your future success.
“I actually look forward to tax time because I get to work with the team at Bellwether. Everything is smooth and straightforward, no matter the refund outcome. They make sure nothing is missed and clearly explain what applies to my situation. I know I’m compliant and making the most of my deductions.”
“Bellwether guided us through Small Business Restructuring when we were under extreme ATO pressure. Their expertise reduced our debt burden and got the business back on track. We finally have breathing room and peace of mind.”
“We engaged Bellwether for business tax and compliance. We have loved working with Tim as he is proactive, preparing us all year around and being a phone call away so we are making the right decisions.”
