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Choosing the form of entity of your business (e.g. Corporation, Sole Proprietor, Limited Liability Company, Unit Trust, Discretionary Trust, Hybrid Trust, Self-Managed Superannuation, etc) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of structure for your business or investments.

Adhering to its promise, the Federal Government of Australia announced that the super concessional contributions cap will be slashed to 50%, from 2009-10 financial year. It will then become $25000 from the current $50000. The move will also have a positive impact on transitional concessional contributions for people aged between 50 and 74, it will be decreased from $100000 annually to $50000.