Can I run my business through a trust?
When choosing the best way to structure your business, several options are available to you – a sole trader, partnership, company, or trust. Importantly, there are legal and taxation requirements to consider. In particular, running your business through a trust can be advantageous fortaxation purposes and asset protection. This article explores the key aspects of two types of trust you could use to run your business: 1. unit trust; and… Read more