Selling your business

There are three factors that collectively can double – or halve – the value you get from your business when you are ready to sell:

•     How you prepare the business for sale (for example, premises presentation, confirming trading relationships into contracts, putting management in place, starting an expansion program, tidying up debtors).
•     How you promote the business (for example, seeking potential buyers with a good fit to you, or preparing a professional presentation document).
•     The taxation timing and treatment of the sale.

Before you commit to a sale, talk with us: it could be your best business investment.

Property Tax Deductions

Research tells us that as many as 80% of property investors over pay their income tax by making incorrect claims!

Maximising your deductions (i.e. reducing the tax you pay) can be difficult as most claims result from your own expenditure, interest and outgoings.

However if you own an investment property you can claim the cost of the depreciation in value of your fixtures and fittings! In fact, legislation was introduced back in 1985 to enable the depreciation of the construction cost [bricks and mortar] of an income producing building as well. The building must have been constructed after 18th July 1985.

Newer properties will result in a higher claim as the costs of construction are higher. This is all facilitated by using a "Property Depreciation Report" from a licensed provider.

Reputable providers include a guarantee that the tax saving in the first year will pay for the cost of the report! The report is usually good for up to 40 years, so you’ll be able to use it year after year to assist in the preparation of your annual income tax return.

You only need to pay for the report once!

We recommend the services of Depreciator, a national depreciation service.

Click here to request a Tax Depreciation Schedule

If you have any questions call us to discuss

Lending

You may have heard that it’s hard to borrow right now and there is some truth in that – but it’s also the best time to borrow because:

1. Interest rates are still historically low
2. Prices in many areas have fallen
3. There are opportunities that may never be this affordable again

There is still ample money for loans, providing:

1. applications are soundly structured, and
2. the loan type is appropriate

Borrowers should also be careful to build in protection against market volatility.

If you want to take advantage of this situation, Edwards Irvine and Facius have the expertise and local & national lending managers to get you a loan that will help you get where you want to go, whether it’s a packaged home loan, line of credit or investment loan.

The Products we can help you with are outline in more detail following:

• Chattel Mortgages
• Commercial Loans
• Residential Loans
• Leasing
• Hire Purchasing

Call us now for an appointment with one of our lending managers.

Lending Services are refered to Finconnect (Australia) Pty Ltd ABN: 45 122 896 477 Australian Credit License No 385888 a wholly owned subsidiary of Count Financial Limited.

Investment

Sick of seeing the small amounts the Banks will pay you for the privilege of having your money?

Tired of feeling like you are going nowhere with your savings…… ?

We are both licenced & qualified financial advisers for over 17 years.

Through our dealer group Count Wealth Accountants, we have access to some of the best research and technical support available in the industry.

We use this information to your benefit to assist you in meeting your financial goals, be they a simple savings plan, retirement or a complete financial solution.

We care about you!  Risk minimisation is part of our job to ensure that your assets are sufficiently diversified across leading asset classes to achieve a more stable and consistent outcome.

Don’t leave a secure financial future to chance, call us now for an appointment.