Mo Money

#455 How to Get Tax Smart

6 snips
Jun 19, 2025
Discover essential tax strategies to maximize your income and avoid common mistakes! Learn the benefits of investing through trusts and companies, and how they compare to sole traders. Explore effective end-of-financial-year tactics to reduce tax bills with smart record-keeping. Dive into unique investment strategies like negative gearing and franking credits, tailored for Australia. Plus, uncover vital tax implications in property investments and the importance of proactive planning. Get ready to make smarter money moves!
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INSIGHT

Investment Structure Impacts Tax

  • Replacing your salary with investment income defines financial success.
  • Investment income tax depends on your investment ownership structure, affecting your tax paid significantly.
ADVICE

Pay Less Tax Wisely

  • Paying less tax is the most effective financial lever that requires no extra work or sacrifice.
  • Avoid unnecessary tax payments since government use of tax money isn't always optimal.
INSIGHT

Structure, Strategy, and Solutions

  • Your money success depends on structure, strategy, and investment solutions working together.
  • Without a proper structure, tax planning and saving opportunities leak away like a leaky bucket.
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