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James Millar
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There is a magic formula – tick more boxes than you cross and don’t cross any show stoppers.

You really need to look at the small business capital gains tax concessions and income alienation issues re the the management fee to the trust (PSI is only the newer prescriptive element but the old anti avoidance requirements still apply). Fact is you can’t easily split personal exertion income and the management fee as described is problematic.

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