Reports indicate a trend in which advisors recommend a combination of business
structures to their clients operating small and medium enterprises (SMEs),
with companies and discretionary trusts featuring prominently. However, more
analysis is needed to provide insights into the underlying reasons for their
business structure recommendations. This article comprehensively analyses the
underlying reasons Australian SME advisors recommend business structures. The
analysis demonstrates that there are two core attributes that advisors seek to
achieve for their clients — tax minimisation and asset protection