Shadow Expert

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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The verdict on CGT relationship breakdown roll-over relief is final … or is it?

By de Blonk Smith Young | 0 comment

You may recall the decision in Sandini Pty Ltd v Commissioner of Taxation 2017 FCA 287 (Sandini) reported last year, where it was held that CGT roll-over relief was available on a relationship breakdo
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Shadow expert for family law | De Blonk Smith Young Brisbane QLD 4001

What does the Titanic and a business valuation have in common?

By de Blonk Smith Young | 0 comment

Welcome to the first edition of our Shadow Expert e-bulletin for the 2018 year. We trust everyone is busy following the increase in matrimonial matters that typically signal the start of a new year.W
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Why should you consider multiple futures in a business valuation?

By de Blonk Smith Young | 0 comment

Factually, there is no such thing as the future, singular, only futures plural, but there is only one past.This may help explain why most valuations are based on the future maintainable earnings (FME)
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