Thursday 19 July

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.

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