Does anyone know if you can operate your home based (doesn't have to be home based I suppose) business through a Family Trust? I don't know if the business would have to be registered as a sole trader/partnership/pty ltd. Does anyone know that too?
Sorry, they are pretty vague questions, I hope they make enough sense.
I am thinking of starting a home business, and just wanted to try and get some basic answers to some of my questions before I go out ad try and find a accountant (I don't have one! Very)
I know that if you run a home based business, that you can claim a HEAP of things back on tax. Just wondering if anyone has had any experience/knowledge with family trusts. We are also really thinking about setting one up for the Man to get paid through.
MANY thanks.





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