Asset Protection

Asset & Income Protection for Your Business

Asset protection is important for all businesses and individuals, no matter the size of the business or the number of assets. We all want to ensure our assets are protected from creditors, bankruptcy and divorce and that they are secured for both now, and the future. Asset protection is important to safeguard both your wealth and business from litigation and to help you more effectively manage your wealth. Here at Ascent Accountants, we can advise you on a multitude of accounting services including those pertaining to asset protection in Perth.

 

Ascent Accountants & Protecting Your Assets

Getting the correct tax structures in place for asset protection when you start a new business can save a lot of money in the long run including in set-up costs, tax on disposals and government charges. If these preliminary steps haven’t been employed correctly, you are likely to encounter numerous issues in the future. At Ascent Accountants, we have over 19 years of experience assisting both individuals and business owners take control of their finances and protect their assets both for now and in the future.

 

Don’t Put All Your Eggs in One Basket

Upon your free initial consultation with our friendly team you will soon come to realise one important rule for asset protection: don’t put all your eggs in one basket. Our accountants can assist you with separating assets into entities to ensure you are safeguarded from unforeseen circumstances.

Specifically, we can help you with your asset protection in Perth through providing:

  • Advice on how to structure assets and loans

  • Advice on choosing the most appropriate tax structure to hold assets and operate the business from

  • The resources to set up tax structures

  • Advice on using superannuation for asset protection

 

Contact Us

If you’re unsure about managing and organising your asset protection, or would simply like more information regarding our accounting services for your personal or business needs, please do not hesitate to contact our friendly and experienced team at Ascent Accountants today! We’ll provide professional advice and tailor accounting solutions to suit your needs.

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