I am an accountant who has just re-entered practice after several years in industry, hence I am somewhat rusty! My partner is an associate dentist and I am considering incorporating him for the tax savings and I can take care of the accounting/tax and administration side of things.
Before I do anything drastic, I want to make sure I understand all the tax implications of remaining as a sole trader or trading through a limited company. I am particularly struggling with the treatment of superannuation. Can anybody give me some guidance or point me in the direction of information on how tax relief on superannuation differs from a sole trader to through a limited company.
Any help would be much appreciated.
Thanks
MWR