• The place to find the right expertise and make better decisions
  • Find the right expertise

Accounting & Tax

Recent Activity

Marcus L.
Marcus L.
Canning Vale, WA
0 Likes
0 Followers

Hi,
We have a family business and the accountant has it set up that my income is $40k more than my wife’s. We are looking to buy an investment property and also been advised to buy the property in my wife’s name. Does this sound like good advice and can we get a loan if the loan by using my wife’s name and will they look at both our income and the business profits?

6 months ago
Jason F.
Jason F.
Hamilton, NSW
2 Likes
0 Followers

I have been running my online business for 2 years ago and 6 months ago an old business colleague started helping out with advice. I haven’t been able to pay him a full salary but we’ve spoken about having some equity as a reward and ongoing incentive. Some of the advice relates to him having to pay capital gains tax straight away of the value of the shares. Is this correct and what other options are available?

6 months ago
More