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🔗 Book an appointment here: https://boxas.com.au/book-meeting/ Need cloud accounting software? Sign up for Xero: https://xero5440.partnerlinks.io/boxas (This is an affiliate link, and I will make a small commission at no extra cost to you.) Welcome to the Deep Dive series, where we explore tax and business strategies in-depth to empower business owners and investors with practical knowledge. In this video, we unpack everything you need to know about bucket companies, a powerful yet complex tool for minimising tax and maximising profit. You'll learn: What a bucket company is and how it works. The potential tax benefits and when they apply. Who should (and shouldn’t) consider using a bucket company. Key compliance requirements and costs involved. Real-world case studies to illustrate how this strategy works in practice. By the end of this video, you'll have a clear understanding of whether a bucket company is the right strategy for you, how to set it up effectively, and the potential pitfalls to avoid. 📌 Don’t forget to like, subscribe, and hit the notification bell for more in-depth insights into tax and business strategies. CHAPTERS: 00:00:00 - Intro 00:00:41 - What is a bucket company? 00:03:37 - Who should consider bucket companies 00:10:44 - Who should NOT consider bucket companies 00:12:53 - Case Study 1 00:22:26 - Question 1 00:21:51 - Case Study 2 00:30:00 - Case Study 3 00:41:23 - Key things to consider about bucket companies 00:45:36 - Question 2 00:46:45 - Question 3 00:47:37 - Question 4 00:48:29 - One major thing to be careful about 00:51:08 - Question 5 00:52:47 - Question 6 — Thank you for watching this video. I post videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy the video and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful! — ► Subscribe to my channel here: / daviemach — Davie has over 15 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients. Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses. He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales. — Follow Me: LinkedIn: / davie-mach Instagram: / boxas_syd Facebook: / boxadvisory Website: https://boxas.com.au/ TikTok: / boxadvisory — Disclaimer: This video is for informational purposes only and should not be considered financial or legal advice. This video does not take into consideration your personal circumstances. Consult with a qualified financial planner, tax advisor or legal consultant before making any decisions regarding investments.