How to Avoid Capital Gains Tax in Australia

The tax system in australia favors assets. People who own assets are favored because assets are not taxed the same as income. So wherever possible, reduce your taxable income and build wealth by owning assets. You don't pay any tax on investments which rise in value provided you hold them and don't sell them. This is why becoming an owner of something is far more important and powerful, rather than being a worker all the time. Now, to answer your specific question about turber charging your income, here are my top tips. Number one, you got to find your niche within your profession,. try and be the best at it, and then exploit it to the max. It gives you