I'm after a little tax advice if an savvy bean counters are reading.
I currently earn aprox $400K a year derived purely from my employment.
My wife satys at home with two kids we another on the way, due in April.
I am in a postion to setup my next contract with my employer to be either individual, sole trader or company.
I understand that I need to get around the 80/20 rule but I hear that is not difficult.
My question is what would be the best way for me too handle this, A company or Family trust or a combination?
Are they hard to setup and manage?
What should I look out for if I were to get an Acc to set it up?
Thanks
Boorune
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