Because Australian tax laws are complicated, we always consider various factors, such as tax minimisation, asset protection, flexibility, and compliance costs, when advising on business structures.

So, whether you are a sole trader, partnership, company, or trust, rules and regulations must be considered for each structure and altering your business structure down the track could lead to unintended tax consequences. Consequently, the team at Van Dyk Newbold recommends a cautious approach and will work with you to ensure a change in structure ticks all the boxes.