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Developers & Builders

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How We
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We understand your needs and concerns, from capital injection to dealing with the bank, from preparing project based reports to liaising with FIRB. 

We constantly keep up to date with relevant legislations.

Margin Scheme and Thin Capital are important areas to consider. Contact us for a conversation. 

helping you in the Pros and cons

Factors

Tax Ideas North Sydney

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Ask a question and we will get back to you shortly.

Margin scheme

The Margin Scheme is a system created for property markets. GST is applicable on the margin (difference between the sale price and the original consideration of supply), however, conditions and exemptions are also applied subject to different treatment.

  • Recognition of the development and construction costs over the course of a job
  • Criteria in meeting the eligibility for deduction following the completion of a job
  • Should you decide to carry on a business of property under a trust
    • Renovating a property or;
    • Activity of sales

Thin capitalisation

Under Thin Capitalisation rules, the amount of debt used to fund Australian operations of both foreign entities investing into Australia and Australian entities investing overseas are limited. The rules disallow a deduction for a portion of specified expenses an entity incurs in relation to its debt finance; that is, its debt deductions. The rules apply when the entity’s debt-to-equity ratio exceeds certain limits.

A debt deduction is an expense an entity incurs in connection with a debt interest, such as an interest payment or a loan fee that the entity would otherwise be entitled to claim a deduction for. Certain expenses are excluded from being debt deductions under tax law, including rental expenses on certain leases and some foreign currency losses.

Did you know ...

  • You may need to apply from FIRB
  • Margin scheme is more complicated than tick the box
  • We can help
  • You can …

“paying tax is duty, paying more is not."

— Panbo Ye.

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Do NOT trap yourself into selecting the best solution as there is no such thing. Each option is double edge sword and there are pros and cons. It is important to know your goals before discovering solutions with us. What your goals? Tip: pay less tax and earn more wealth are NOT goals, they are habits. 

01

Plan

Think about your goals and what you really need.  

02

Action

Stick to your plan but don’t be stubbon. Do it right.

03

Review

Review your plan, review the situation and adjust them accordingly.

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