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Category: Trusts

Bookkeeping & Accounting

August 31, 2022 admin

[Public Post] Trusts and Foundations MUST keep accounting records. Many teach that they do not because these entities are private…...

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Posted in: Both Trusts and Foundations, Foundations, Public, Trusts

Accounting Practice Changes

August 30, 2022 admin

[Public Post] As I work with members on their closely held trusts and foundations, we have been carefully checking on…...

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Posted in: Trusts

Business Type Number

August 26, 2022 admin

Every business has been allocated an industry type and you should findyours. These codes are used by the ATO, banks…...

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Posted in: Both Trusts and Foundations, Foundations, Trusts

Trusts and Taxes

December 14, 2021 admin

For those that have an existing trading trust, registered with an ABN, it is important to know that when a…...

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Posted in: Trusts

Trusts, companies and assets

June 24, 2021 admin

Many people come to me with the usual trusts and company trustee set up by their accountants.  This structure is…...

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Posted in: Trusts

Privacy

June 11, 2021 admin

The following images are taken from the book, The Art of Passing the Buck, Vol 1. by Charles Arthur. This…...

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Posted in: Trusts

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  • Employment, Salary Sacrificing, Trusts and more…August 7, 2025
    Everyone has been scrambling for years to figure out a…
  • To ABN or not to ABN?April 19, 2025
    There are pro’s and cons for all our actions, privately…
  • Trusts, Foundations and PropertyMay 30, 2024
    Many have their property in a trust and after creating…
  • The trust tax burdenMay 24, 2024
    For those with a trust, you will know that the…
  • Trusts and registrationMarch 18, 2024
    Should a trust be registered or should a trust be…
  • Funny how things changeMarch 1, 2024
    Looking over the Companies Acts of current time and times…
  • MembershipsDecember 27, 2023
    Why would your foundation have members? Foundations are in place…
  • Stripe Data Privacy Framework PolicyDecember 23, 2023
    Effective date: September 29, 2023  – Updates to legal terms…
  • Philippines rejects WHODecember 2, 2023
    Philippines notifies WHO it rejects the amendments to International Health…
  • EntitiesNovember 17, 2023
    What entity are you? If found this today while reading…
  • Trusts and TaxesSeptember 6, 2023
    Trust accounting records are for the purpose of keeping records…
  • Documented historyAugust 22, 2023
    A foundation is a pertual entity and can outlive any…
  • What does the govt say about Not-for-profit organisations?April 20, 2023
    This document has been downloaded from Treasury.gov.au There are few…
  • Trust Deed amendmentApril 16, 2023
    There are many ways to write a trust and a…
  • Manager AccountsApril 7, 2023
    The details on how to set up a new file…
  • Business owned by a trustMarch 28, 2023
    Income is income is taxable, right? Is this a strong…
  • Paper QualityMarch 15, 2023
    Choosing the right paper for your deeds is really important.…
  • Foundation LiabilityMarch 6, 2023
    What protection does the foundation provide to members? What does…
  • Trusts and Eggs in BasketsMarch 1, 2023
    Does a trust keep property in one basket? Does a…
  • Don’t keep all your eggs in one basketMarch 1, 2023
    We all know the saying, don’t keep your eggs in…
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