East Partners Blog

Lowering Taxes by Shifting Income to Children Have you ever found yourself wondering how to make your hard-earned money go a little further? Perhaps you’ve considered strategies to lower your taxes. One interesting approach is shifting income to your children. […]

Should I Set Up a Trust for My Children’s Education? When it comes to planning for your children’s education, the choices can feel overwhelming, can’t they? You want the best for your kids, and a trust might just be the […]

Is Borrowing to Invest a Smart Strategy? Are you sitting on a goldmine with your home equity? It may be worth considering whether borrowing to invest is a sound strategy. Many savvy investors have jumped on this train, and when […]

Maximizing Tax Efficiency Through Smart Asset Allocation Let’s be real: managing assets can feel like trying to solve a Rubik’s Cube, especially when tax efficiency is at stake. If you’re a business owner looking to stretch every dollar in your […]

What Personal Records Do I Need to Keep and Where Should I Keep Them? Keeping personal records might not sound exciting, but if you’ve ever tried finding that one receipt or document a month after your tax return, you’ll understand […]

Paying Yourself vs. Retaining Earnings: What’s Best for Your Business? Have you ever wondered whether you should pay yourself less and keep those dollars within your company? It’s a common dilemma for business owners. After all, if your costs are […]

Is it Worthwhile Hiring a Trainee or Apprentice? Are you pondering whether bringing a trainee or apprentice on board is a smart move for your business? It’s a question that many business owners grapple with, especially in the lively atmosphere […]

What Benefit Can Novated Leases Have for My Business? Let’s cut to the chase: novated leases can be a boon for businesses seeking flexibility and efficiency in their fleet management. So, what exactly are novated leases? Simply put, they’re a […]

Understanding Salary Packaging and Fringe Benefits Tax Implications When it comes to managing your business’s finances in Adelaide, salary packaging can be an effective way to attract and retain staff while also providing tax benefits. You might be wondering, what […]

Can Independent Contractors Save You Money? Running a business can sometimes feel like juggling flaming torches while riding a unicycle, right? Every decision counts, especially when it comes to balancing the costs tied to your workforce. In Australia, the question […]

Can My Business Buy Back Shares from Me? What Benefits Does This Provide? If you’ve been contemplating whether your business can buy back shares from you, you’re not alone in this thought. Many business owners often find themselves wondering about […]

What Records Do I Need to Keep for My Employees? Running a business is an exciting adventure, isn’t it? But with great power comes great responsibility, especially when it comes to managing your team’s records. You might be asking, “What […]

Effective Ways to Reward Key Employees Are you figuring out how to motivate your star employees without breaking the bank? Well, you’ve hit the jackpot! Rewarding key employees doesn’t have to mean throwing lavish parties or buying expensive gifts. It’s […]

Introducing a Performance Measurement System for Your Staff Have you ever wondered how to keep your team motivated while improving productivity? You’re not alone. Many business owners in Adelaide grapple with this question. Introducing a performance measurement system can seem […]

What is Salary Sacrifice and How Can It Benefit My Employees and My Business? Ever wondered how to give your employees a bit more satisfaction without breaking the bank? You might want to look into salary sacrifice. It’s not just […]

Understanding Self-Managed Superannuation Funds for Small Businesses So, you’re considering the world of superannuation funds. The term ‘self-managed superannuation fund’ (SMSF) might be flickering on your radar. You might wonder, is this something that could actually beneficial for your small […]

Tax Audit: Do You Have to Attend in Person? Receiving a notice for a tax audit can feel like getting a box of chocolates; you just never know what you’re going to get! If you’re a business owner in Adelaide, […]

Strategies to Defer Income Tax Effectively Hey there, business owner! If you’re like most folk down in Adelaide (or anywhere in Australia, really), the thought of tax season hitting your wallet can be as pleasant as a flat soda, right? […]

Selling Your Company: Assets vs. Going Concern So, you’ve built up a business and now you’re pondering the big question: If it comes time to sell my company, should I sell the assets individually or sell the whole company as […]

Winding Up Your Non-Trading Company: A Guide Are you staring at your non-trading company and wondering how to wind it up? You’re not alone! Many business owners find themselves in the position of having a company that no longer serves […]