Business Uncut

Your family trust might be about to cost you more tax than a company would.
The Budget's proposed minimum tax could push some trust profits as high as sixty per cent.

In this episode, Reuben breaks down what the proposed trust minimum tax and the CGT changes could mean for Australian businesses that trade through a discretionary trust. He gives his verdict up front, walks through a five-step framework for deciding whether to restructure, flags the three traps to avoid, and finishes with one job you can do this week.

You'll learn:
- Why the discretionary trust is no longer the automatic answer for many trading businesses
- How to check whether the proposal actually applies to your structure
- How to compare a trust and a company by what you keep after money comes out
- What the excluded election trust is and what you give up by choosing it
- Why rollover relief, transfer duty and GST can decide whether a restructure stacks up
- The one-page exercise that shows how exposed you really are

For Australian business owners who run a trading business through a family trust and want to model their options before the restructure window opens.

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

Paying rent on your warehouse, clinic or shop while your super fund sits on the sidelines?

Residential is off the table for new SMSF loans, but commercial property isn't.

 

In this episode, Reuben breaks down whether your self-managed super fund should own the building your business trades from. He walks through the four tests that decide if it stacks up, the tax shift between your business and your fund, and the traps that turn a clever idea into a very expensive one.

 

You'll learn:

- What business real property is and why it matters for related party deals

- Why market rent on a written lease is non-negotiable

- How a limited recourse borrowing arrangement works, with a worked example

- How the tax changes between accumulation phase and a super pension

- The four traps: concentration risk, a bad trading year, the exit, and getting the building in

- The one job to do this week to test your numbers

 

For Australian business owners who rent their premises and want to know if their super could own the building instead.

 

This information is general in nature and does not constitute financial advice. You should consider whether this information is appropriate for your circumstances. New Wave SMSF. Representatives of NWG Financial Services Licence No: 538619. Past performance is not indicative of future results.

 

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

Paying yourself the same way your first accountant set up years ago?
Get the mix of wage, dividend, trust and drawings wrong and it costs you every year.

In this episode, Reuben breaks down the four ways money moves from your business into your pocket, what each one costs in tax, and the order to use them in. He walks through a simple five step framework, the Division 7A trap that catches good operators, what Payday Super means for your wage, and why the proposed trust tax change from 2028 is worth planning around now.

You'll learn:
- The four ways to pay yourself and how each is taxed
- Why a proper wage comes first, and what Payday Super changes
- How to decide what the business should keep before you pull money out
- How franked dividends work, and why they are about timing, not tax-free money
- Why drawings can turn into a Division 7A problem
- The one action to take this week to find your problem

For Australian business owners who turn over $1M to $20M and want to stop paying more tax than they need to.

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

Wages, super and your BAS don't shut down for Christmas.
Your cash flow does, and January is where it bites.

In this episode, Reuben breaks down how to plan for a Christmas shutdown before it turns into a February cash squeeze. He explains why money stops coming in before it stops going out, how Payday Super changes the timing of your super payments, and a four-step plan to get through the dead zone with your cash intact.

You'll learn:
- How to build a week-by-week cash forecast from December to February so you can see the real low point
- Why billing and chasing early in December pulls cash forward before clients go on leave
- How to lock in your super payment dates under Payday Super before you shut the laptop
- How to ring-fence your GST and PAYG withholding so your BAS money is there when it's due
- The common traps, including treating December takings as spare cash and forgetting super on leave paid in advance

For Australian business owners who want to head into the Christmas break knowing January is covered.

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

Your exit plan might assume you'll only pay tax on half your gain. That assumption has an expiry date.

In this episode, Reuben breaks down the capital gains tax changes that start on 1 July 2027, when the 50 per cent discount is replaced for most owners. He explains who should look at selling before the deadline, who is protected by the small business concessions, and why the way you own an asset can matter more than the asset itself. He also covers the traps that catch owners out, including rushed sales, guessing eligibility and restructuring on a draft proposal.

You'll learn:
- What the new law replaces the 50 per cent discount with, and why a fast-growing business can end up with a bigger taxable gain
- Four checks to work out whether 1 July 2027 is your problem or someone else's headline
- Why the contract date, not the settlement date, is usually the one that counts
- How the new 30 per cent minimum tax affects plans built around a low income year
- Why you shouldn't restructure a discretionary trust on a draft proposal
- The one-page list to write this week that turns a worry into a plan

For Australian business owners who want to know whether the 2027 CGT changes touch their exit plan.

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

Stuck between $1M and $3M for a year or two? It's not the market. It's not your competitors.

In this episode, Reuben breaks down why so many Gold Coast businesses hit a wall around the one to three million dollar mark, and gives you a simple framework to find exactly where your business is jammed and what to do about it.

You'll learn:
- Why most "we need more leads" problems are actually bottleneck problems
- A one week exercise to find the real constraint in your business
- The right order to delegate work so it actually sticks
- The two numbers every business should track weekly, not monthly
- Why the right hire buys back your time rather than costing you money
- Three common traps that stall growth even when revenue is climbing

For Australian business owners who are sick of being the bottleneck and ready to build a business that doesn't run through them.

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

The cash rate's at 4.60% and your repayments just went up again.

Most owners don't find out what that costs until the bank statement lands.

 

In this episode, Reuben breaks down what rising interest costs are really doing to your cash flow, and gives you a straightforward playbook to protect your business while rates stay high. No jargon, just the moves that actually work.

 

You'll learn:

- Why interest is a "silent" line item that quietly eats your profit

- The five step playbook for getting on top of rising debt costs

- Why you should chase the rate, not the size, when paying down debt

- How shortening your debtor days acts like a free cash boost

- Why you shouldn't treat the ATO like an overdraft, now that Payday Super is here

- The one thing to build this week to see trouble before it hits

 

For Australian business owners who are carrying debt and feeling rate rises squeeze their cash flow.

 

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

 

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

A proposed 30% minimum tax on family trust income could land from July 2028. Here's what actually changes, and what doesn't.

In this episode, Reuben breaks down the draft law for the proposed 30% minimum tax on discretionary trusts, what it means for owners who run a business or hold investments through a family trust, and a five-step framework to work out your real exposure before the rules are final.

You'll learn:

• Whether your trust is actually in the firing line, or barely affected
• Why a bucket company could now cost you more, not less
• Why paying working family members a proper wage matters
• Your three options: sit tight, restructure under the 2027 to 2030 rollover, or make the new one-off election
• The one document to pull out this week to measure your exposure in dollars

For Australian business owners who run a family trust and want to plan early rather than react late.

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

Your P&L says you made a fortune. Your bank account disagrees.

Here's where the gap between profit and cash is actually hiding.

In this episode, Reuben breaks down why profitable businesses still run out of money, walking through the five places cash quietly disappears to before you ever see it as an expense, plus a new super change every employer needs to know about.

You'll learn:

• Why profit and cash are two completely different stories
• The five leaks that drain cash out of a profitable business
• How stock, debtors and loan principal hide from your profit and loss
• What Payday Super changes about using super as a cash buffer
• Three common traps that make the problem worse
• One twenty minute action to start closing the gap this week

For Australian business owners who are sick of being profitable on paper and broke in the bank.

This episode is general information only and doesn't consider your personal circumstances. Speak to your accountant or adviser before acting.

Book a strategy call with New Wave. Follow Business Uncut on Spotify.

In this short episode of Business Uncut, Reuben walks you through how New Wave Accounting helped an e-commerce business avoid over a million dollars in tax within just two months without increasing revenue or taking unnecessary risks. By reviewing their existing tax structure and identifying missed opportunities, we restructured their setup, recovered overpaid GST, and secured grants they weren’t aware of. If you’re scaling a business, this episode is packed with insights that could make a big difference to your bottom line.