Minimising your exposure to tax is one of the least understood and employed strategies for wealth generation. As Australian businessman Kerry Packer once famously declared “if anybody in this country doesn't minimise their tax, they want their heads read.”

1. Tax Minimisation

2. Minimising your exposure to tax is one of the
least understood and employed strategies for
wealth generation. As Australian businessman
Kerry Packer once famously declared “if anybody
in this country doesn't minimise their tax, they
want their heads read.”
More info on:
http://www.chaseedwards.com.au/

3. But approaches to tax minimisation are not only
limited to high rollers such as Packer. Average
mum and dad investors can reap the benefits of
tax minimisation and grow their wealth in the
process. But keeping the tax man at bay requires
specialist advice to implement proven strategies
that are 100% above board.
More info on:
http://www.chaseedwards.com.au/

4. Given the complexity of tax
law it makes perfect sense
to engage specialist advice
when reorganising your
financial affairs to minimise
your tax bill. Gaining the
correct advice that is in-
keeping with your own
financial position and goals
remains absolutely
paramount.
More info on:
http://www.chaseedwards.com.au/

5. Experts can advise whether the following
strategies for tax minimisation are right for you.
These include:
 Reducing capital gains
tax liabilities
 Splitting incomes
 Negative gearing
 Additional
superannuation
payments
More info on:
http://www.chaseedwards.com.au/

6. Capital gains tax:
Capital gain or loss represents
the difference in the sale price
of an asset compared to its
original purchase price. Capital
gains tax was introduced in
Australia on September 19,
1985. Capital gains tax has
subsequently been applied to
the transaction of any asset
purchased after this date.
More info on:
http://www.chaseedwards.com.au/

7. Capital gains tax is particularly vicious when
assets are transacted within 12 months of their
purchase date given it applies to 100% of the
capital gain. For this reason, it makes greater
sense to hold on to shares or property for
longer.
More info on:
http://www.chaseedwards.com.au/

8. Splitting Incomes:
Essentially, this comes down
to deciding which member of a
household should have assets
in their name in order to
create the most tax effective
outcome. Partnerships or
under companies it is possible
to reduce the tax liabilities
associated with owning certain
assets.
More info on:
http://www.chaseedwards.com.au/

9. Superannuation
Additional superannuation
payments represent a proven
strategy for minimising taxation
payments while increasing
future wealth. Voluntary
contributions via salary
sacrificing can lower your
income tax bracket by scooping
payments from your net salary
prior to the removal of tax.
More info on:
http://www.chaseedwards.com.au/

10. Negative Gearing
One of the most popular
mechanisms for reducing your
tax liability is negative
gearing. Although it has
received considerable negative
attention in the media
recently, negative gearing still
represents one of most
effective means to purchase
assets particularly property.More info on:
http://www.chaseedwards.com.au/