Thanks kincella, and to all who have provided suggestions. Have...

  1. 10 Posts.
    Thanks kincella, and to all who have provided suggestions. Have taken the first step and sought professional advice - and will be happy to share on this forum my experiences.

    First of all - costs will be around $300 to create trust + $200 in stamp duty.

    Trust will have a number of natural person beneficiaries + the option to add a corporate beneficiary at any stage (for another $800 or so). I am happy to accept the compliance obligations personally, such as filing ASIC returns etc. This will allow the streaming of income into a regime where tax can be effectively deffered within a 30% environment almost indefinetly (until dividends are paid).

    Whilst the generation of $150k per annum (the point at which it become more tax effective to earn income in a compnay rather than as a natural person) is not likely for some time, there are still some benefits to having a compnay in the strucutre. I will seek further advice from tax specialist but its seems possible to stream capital gains to the natural person on a 0% marginal tax rate whilst streaming revenue type income to the corporation. This would make the capital gains tax rate zero.

    Now heres a question - when are the proceeds of the sale of shares held for less than 12 months deemed to be income and not capital gains?? Is there a rule of thumb that should be applied?


 
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