News

What happens when the family company loses that Lovin’ Feelin’?

Sometimes, tax concessions are gone, gone, gone! There are many situations where family members have loans owing to a family company that they control. When a need arises to rationalize the loan
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Are you ready for the proposed changes to Division 7A loans?

By de Blonk Smith Young | 0 comment

Finally, after 6 years of reviews and discussion papers the Government released a Consultation Paper in October 2018 which proposes a number of significant amendments to Division 7A loans. In general
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How do you know if the multiple used to value a Family business is reasonable?

By de Blonk Smith Young | 0 comment

The short answer is you don’t, unless the Valuation Report provides a defensible determination of the multiple.The multiple is a reflection of the risk and variability associated with future profits
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Client Profile – Gillard Group

By de Blonk Smith Young | 0 comment

The Gillard Group is one of Australia’s leading independent lighting designers and one of the first in the world to offer Lighting as a Service (LaaS). Founded by Jenni Gillard in 2005, the business
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Outsourced CFO – Can you ‘pitch’ your business model in under 5 minutes?

By de Blonk Smith Young | 0 comment

As a business owner there are many reasons you need to be able to succinctly and clearly explain your business model.Some reasons we have seen first hand recently include business owners wanting to:�
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Individual, company, SMSF & Trust tax returns | De Blonk Smith Young Brisbane QLD 4001

Rental Property Deductions

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The 2018 financial year will be the first year to be impacted by changes introduced to limit deductions that can be claimed by individual residential property investors.Firstly, travel expenditure (ca
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