Wednesday, 8 June
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Australia has one of the highest personal tax rates in the world, and while tax is important, you don’t want to pay more tax than you have to. And the more tax savings you can find, the more money you have for investing, growing assets and investments, or just for your next holiday.
But there’s so many different opinions out there when it comes to the things you can do to reduce your tax (legally), it’s hard to know who to listen to or who to trust…
Your personal tax planning and deductions are super important, and can create some easy money. But, the biggest area that drives your tax outcomes over time is what you invest your money into and how you go about investing. So in this session, we’re going to cover tax and investing and two parts of the same pie, breaking down how tax works, and then how tax works with different types of investments. Ultimately helping you build the knowledge so you can be smart with your personal tax, and get the best after tax returns when you invest.
We’ll cut through the noise and help you understand the key things to understand and think about so you can (legally) reduce your tax, plan smart with tax when you invest, and ultimately keep more of your hard earned income so you can grow your assets and investments faster.
Please note: this session is centered around individual tax planning and will not get into tax planning for business owners.
What you’ll learn: + General tax overview and how the marginal tax rate system works in Australia + The most effective tax saving strategies and how to implement them + Some of the lesser known tax planning tools and how to use them to hold onto more of your income + How tax works with different types of investments, and how to invest in a tax smart way
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