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James Millar
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At that level of forecast revenue you may be able to justify a company. It also depends somewhat on whether you will pass the tax PSI tests for the relevant financial year (as that effects your ability to split income).

Our setup fees include the appropriate analysis and advice on optimal structure. You are looking at around $1000 for a company fully setup with all registrations. The biggest issue is that your annual reporting costs for a company is significantly different to that of a sole trader. However the tax and other benefits may well and truly exceed this.

Helping build better businesses and better lives with expert financial and taxation advice. [email protected] www.360partners.com.au 03 9005 4900