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.
“The best part about working with Bellwether is knowing I can pick up the phone anytime and get practical, relevant guidance. Tim & Mike might be good at crunching numbers, but they have a wealth of knowledge that has helped me make smart business decisions with confidence.”
“I rely on Bellwether for quarterly BAS and annual tax. They’re fast, accurate, and always available for questions. Having Tim who genuinely cares about my business makes all the difference.”
“I was new to running a business and had no idea about compliance or tax obligations. I liked that the team at Bellwether are based in Norwest, so I could set up regular meetings with Tim when I first started. He helped me understand new concepts, guided me through company registrations and tax planning, and educated me along the way to make smart financial decisions that have really helped my business grow.”
