Trust vs Company: Which One to Choose?
As a business owner, an important decision is whether to structure your business as a company or a trust, as what you decide will have significant financial and legal consequences. Choosing the appropriate business structure will directly influence tax, personal liability, and costs. Therefore, it pays to carefully consider the immediate consequences of each choice […]
Sole Trader vs Company – A Side-By-Side Comparison
Navigating through the decision-making process of “sole trader vs company” for your business structure can be confusing because both have pros and cons, and a business has its own individual needs to prioritise. Most people initially choose to start as sole traders. However, as they start to earn more and have to pay more taxes, […]
