These are the strategic gaps we close — the ones that cost real money when they are ignored.
Each structure has different liability, tax, and succession characteristics. For professional services, there are additional regulatory restrictions (PSI rules, professional standards legislation). We navigate all of it.
If more than 80% of your income comes from one client, the ATO may apply PSI rules that limit your deductions and prevent income splitting. We test and structure to stay on the right side.
Professional firms are built on relationships. Valuing and transferring that goodwill — to a new partner or an outgoing one — requires a methodology that both parties trust.
Every deliverable is principal-signed. Not delegated, not templated — built for your situation.
Your structure is optimised for tax and liability. PSI rules are managed. Partner transitions are valued and documented. And your firm runs on data, not intuition.
“They restructured our partnership into a service trust model. The tax outcome was better, the asset protection was better, and the succession path was finally clear.”
— Consulting firm principal, North Sydney
PSI rules apply when more than 80% of your income from a contract is for your personal skills or efforts and you fail at least one of four ATO tests (results test, unrelated clients test, employment test, business premises test). If PSI rules apply, certain deductions are denied and income cannot be split through a trust or company. We assess your situation and structure accordingly.
Professional firm valuations typically use a multiple of recurring fees or a capitalised future maintainable earnings approach. Key variables include client retention, referral dependency, partner-specific goodwill, and work-in-progress. We build valuations that both buyer and seller can rely on.
It depends on your marginal tax rate, super requirements, and the partnership agreement. A combination of salary (which attracts super) and distribution (which may be more tax-efficient) is often optimal. We model the scenarios with your actual numbers.