The first actions you need to take if you have been appointed to manage your family’s charitable foundation or a Private Ancillary Fund

The first actions you need to take if you have been appointed to manage your family’s charitable foundation or a Private Ancillary Fund

If you have been newly appointed to manage a Private Ancillary Fund, you may feel overwhelmed or unsure what you need to do first. You do not want to get bogged down in administration when real objective is to make a positive impact on your community. We have put together a simple list of the first actions you need to take to make sure you start on the right foot.

Six ‘danger zones’ where an accountant should involve a lawyer

Six ‘danger zones’ where an accountant should involve a lawyer

Our business clients are facing increasing complexity and higher risks in almost every area of their business life. Navigating these waters requires a team of professionals who work well together, and serve the client’s bests interest as a cohesive group. At the very...
Who owns the IP?

Who owns the IP?

So, you’re running a business and need to develop a system to identify trends in customer activity on your website. You’re about to hire a software engineer to lay some code, and the question of who will own the IP comes up in your negotiations over the Software Development Agreement…

Does your Trust Deed get the best tax outcome?

Does your Trust Deed get the best tax outcome?

The specific terms of your trust deed can mean you will either save or lose money in income taxes.  It is important your deed is up to date and gives the trustee all the powers it needs to optimise the trust’s tax position.