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  • Profile photo of UGUG
    Member
    @ug
    Join Date: 2004
    Post Count: 4

    Hi fluffy, i’m personally not a big fan of company as the ongoing cost in maintaining them is quite a considerable amount. Company tax rate is 30% for every single dollar that you earn whereas with trust you can distribute the income to yourself, spouse or even your children and get taxed at your income level.

    But again it depends on your income level, you understanding of corporation law, your family situation and the type of business that you want to run.

    I will strongly suggest being a public accountant myself that you have a chat with your accountant so you will gain a more in depth understanding of what you need and the advantages/disadvantages of each type of structure.

    Hope that helps :)

    Yugi Tjoe

    Profile photo of UGUG
    Member
    @ug
    Join Date: 2004
    Post Count: 4

    I think from recent discussion with one of the property agent, it is the industry norm in WA to have 3 days grace period, after 3 days have passed (this actually mean 3 working days) then penalty and interest starts to kick in.

    But i can be wrong

    Yugi Tjoe

    Profile photo of UGUG
    Member
    @ug
    Join Date: 2004
    Post Count: 4

    Well it depend on what u looking for? are you looking for location close enough to CBD, with good transport with railway nearby? close to shopping mall?

    If u like all the above features, well i like cannington. Do u just move in to perth ?

    Yugi Tjoe

Viewing 3 posts - 1 through 3 (of 3 total)