Setting what entities you wish to consider
The following default tax entities can be considered within your model.
| Entity type | Description |
|---|---|
| Discretionary trust | A trust can be used as an investment vehicle within the optimisation model. Asset and loan decisions as well as distributions can be optimised within the model. Due to the expected set up costs of a trust, it is typically only optimal if tax savings are expected and/or the client needs additional *asset protection. |
| Private company | A company can be used as either an investment vehicle or as an operating business within the optimisation model. Asset and loan decisions as well as dividends can be optimised within the model. Due to the expected set up costs of a copmany, it is typically only optimal if tax savings are expected and/or the client needs additional *asset protection. |
| Self Managed Superannuation Fund (SMSF) | A SMSF can be utilised as a investment vehicle for retirement savings within the model. Asset and loan decisions are optimised as well as other retirement strategy options. A SMSF will only be triggered if it is expected to save fees and/or additional wealth opportunities such as using leverage to accelerate an account balance. |
Post your comment on this topic.