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.
“We set up an SMSF with Bellwether and they connected us with a great buyer’s agent for our first property purchase under our fund. It’s reassuring knowing we have a whole network of trusted professionals around us thanks to their recommendation.”
“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.”
“When we went through Small Business Restructuring, Bellwether not only guided us through the process but also got us in touch with recommended broker to help us secure finance to stabilise the business. They took care of the accounting work needed to make sure we were eligible and gave us the fresh start we desperately needed.”
