The most common business structures are:
Sole Trade, Partnership, Proprietary Limited Company, or Trust.
There are advantages and disadvantages to each of these structures. To choose your business structure, consider your personal situation, the nature and objectives of your business venture and the costs and risks of operating under each structure.
The choice of business structure needs to be made by you.
Your tax liabilities can be minimised and your private assets protected by choosing the right business structure for your situation.
Please contact me if you need more information or assistance.
Make sure you can substantiate ALL of your tax deduction claims.
Please contact me if you need assistance.