Roydon Snelgar

Employee share plan trust

12 May 2020

Employee share schemes (ESS) give employees shares in the company they work for, or the opportunity to buy shares in the company.  Employees generally pay for the shares through a loan from their employer, through salary sacrifice, an upfront payment, from employee bonuses, or by using the dividends received on the shares. An employee share…

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Publish a business book to elevate your business

5 May 2020

Self-publishing, a business book in your field of expertise, can have a myriad of direct benefits for you and your business. Done well, including professional design and editing, the benefits can include:  Setting you apart from your competitors, and most importantly, adding a layer of credibility unattainable by almost any other means. You are elevating…

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Macau

28 April 2020

                              Capital city:                Macau      Currency:                    Macanese pataca (MOP)      Population:                650,900    Language:      …

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Lebanon companies pay a flat 15% tax rate

21 April 2020

                 Capital city:                Beirut    Currency:                    Lebanese pound (LBP)    Population:                6,006,668 Language:                  Arabic GDP:    …

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Public relations

14 April 2020

Public relations (PR) attempts to control the spread of information between a business and the public. PR uses free methods to reach a large targeted audience using topics of public interest and news items, rather than paid advertising. Public relations aim to inform the public, prospective customers, investors, partners, employees and other stakeholders and ultimately…

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Early-stage innovation company

7 April 2020

An early-stage innovation company (ESIC) is a company that has high growth potential, can scale, addresses a broader than the local market, and has competitive advantages. ESIC companies can provide investors with the following tax incentives: A 20% non-refundable tax offset on investments, capped at $200,000 per investor per year. A capital gains tax exemption,…

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Latvia

31 March 2020

               Capital city:                Riga      Currency:                    Euro (€)       Population:                1,953,200 Language:                  Latviana    GDP:…

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What is a discretionary trust and do I need one?

24 March 2020

A discretionary trust (also known as a family trust) is a trust established to hold a family's assets or operate a business. Generally, they are established for asset protection and/or tax purposes. The benefits of a discretionary trust include: Flexibility on income distributions. The trustee decides before the 30th June each financial year how that…

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Government Coronavirus Stimulus Package

17 March 2020

The Government’s $17.6 billion economic stimulus package has the following key tax measures: Boost cash flow for employers by up to $25,000 with a minimum payment of $2,000. Businesses that employ staff between 1st January 2020 and 30th June 2020 will receive payments of 50% of their Business Activity Statements or Instalment Activity Statement PAYG…

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4 ways to protect yourself and your business from the coronavirus (COVID-19)

16 March 2020

Apart from the obvious health risks, the coronavirus will put many businesses at financial risk. The unfortunate reality is some businesses will not survive the coronavirus and will end up closing down. To help protect your business and reduce the risk/effect of the coronavirus on your business, you should:  Avoid unnecessary overseas travel – you…

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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2