Family-Owned Businesses

Family-owned businesses often have a hands-on approach to managing their businesses. The tax laws have as much of an impact on family-owned businesses as any other. As businesses grow and prosper, it becomes more and more essential to have a tax specialist on board who can carefully sort out the accounts. As a result, it is more important than ever to hire a tax expert who can provide well-thought-out and timely advice.

We are a full-service company that works with family businesses of all sizes, from SMEs to successful family empires. We understand how difficult it is to make informed decisions without accurate financial data, and we work hard to ensure that your financial records are maintained accurately.

Family companies, associations, and company owners can consult us to receive proper tax-related advice. Our tax experts at BDH Leaders advise diverse family companies looking for novel tax solutions without the high fees associated with working with massive firms. And you can always expect to receive our full attention when you need it.

How Can We Help You?

Advising our family business clients necessitates a thorough understanding of a broad range of Australian tax rules that may affect the business, individual family members, and other related entities and a thorough understanding of their critical business activities and personal circumstances.

Our Services include:

Income tax

Income tax and specialised taxes such as GST, FBT, job taxes, and other State taxes are all covered by our tax advice and enforcement services.

Tax-effective handling

Advice on tax structuring and restructuring to ensure that the family’s company and personal assets are properly covered and that their affairs are handled in the most tax-effective manner possible.

Tax advising for small business

Advising on the qualifications for and application of the small business capital gains tax (CGT) exemptions on business transactions and restructures to achieve the most successful result while ensuring that our clients are safe in the case of an ATO investigation.

Guiding the division 7A rules

Guiding the Division 7A rules governing private company shareholder loans and the efficient use of family trusts in the family business and investment structures.