china, I think you need professional advice......most small to...

  1. 17,117 Posts.
    china, I think you need professional advice......most small to medium sized accounting pratices can help...

    first problem I see is having a company as a beneficiary...

    a company does not receive capital gains tax discounts......and am assuming you are using the structure for share trading or investing ??? and should have capital gains
    the tax rates have changed so that it is not as tax effective to have a company...maybe cheaper for an individual to pay tax

    its different if the trust is just running a business, and unlikely to have capital gains

    then again your wife can earn up to 150,000 pa and pay just 30.6% tax....no need for a company

    You do not need high profile lawyers or accountants

    the best advice I can give you is....get it right from the start....its more expensive to correct mistakes later...
 
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