As I've said AAR is not an accounting firm and you not being aware of them
indicates you are a small fry. No problem with that, but nothing wrong with
getting good advice. You should have your niece look over what you are
doing.

Well actually she works for the firm I use but she has a policy of not
working directly with family.
One of the senior partnrs is my main contact.

Seing as you are so well versed in Oz accounting, you may have heard
of them..HLB Mann Judd?
I could understand if you haven't.

Mid-tier Oz accounting firm. Big deal.

Maybe then you'll see the light. You probably have a one or two man shop
handling your work now, which often results in less than efficient
structures.
But to each his own - pay double taxes if you want I dont' care.

Ahh dear still working on incorrect assumptions.
Double taxes...Bwaaahahhaahahhahhahaaaaaaa!

OK. Then back to square one. Explain, as I have asked numerous times, why you
have organized as you have. You are quite eager to avoid answering this very
simple question. Either you don't know or you haven't really done what you've
said. Tough for you to choose, I know, because it is not clear which is least
embarassing for you.