See what’s involved in Tax Planning and why you might want House of Wealth to help you...
What Is Tax Planning?
Tax planning is the process of looking ahead to key financial events on your time horizon, such as retirement, and taking steps to minimise what you’ll have to pay in tax.
Sadly, by the time many people find out they’re liable for a large tax bill, it’s too late to do anything about it.
Legally minimising your tax burden usually calls for restructuring your assets and income years ahead of time. It’s well worth doing so. Timely remedial measures often save clients hundreds of thousands of dollars in unnecessary tax payments.
Over 50s - Maximise Retirement Income
Regardless of your age and how far you are from retirement, there are several strategies you can use to reduce your tax burden.
Contact us today to learn more.
Earning More Than $80k Per Annum?
Regardless of your age and how far you are from retirement, there are several strategies you can use to reduce your tax burden.
Contact us today to learn more.
Need some specialist tax or Centrelink advice to maximise your savings?
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Make the Most of Your Superannuation Allowance
The Government allocates you a tax-free allowance for money that you save in your Super fund towards retirement. Within the complex framework of Super regulations, there are a number of strategies you can use to ‘max out your super’.
In fact, surprisingly few Australians make the most of their Super allowances each year, or indeed, the money in their funds. If you’re simply letting your employer make super contributions on your behalf, and not paying much attention to what your super fund is doing, you’d probably benefit from a review.
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