Today on StartupSmart, tax expert Greg Hayes explains how to best manage your profits for tax purposes.
For most businesses, your entity structure will determine how profits are applied for tax purposes. If you are a sole trader, then it is all you.
Partnerships and companies will flow with equity holdings, while discretionary trusts give you some scope for planning. So is there any room to move? Today’s feature will help you answer that question.
Elsewhere, Brad Callaughan explains why it’s unnecessary to assemble multiple versions of your business plan, and Gloria D’Anna talks about starting up after being made redundant.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.