Fact: money makes money. Yet, many Australians do not make the cash they earn work as hard as it could for them. We can help you get more from your money through a range of tax-saving opportunities.
Whether you’re selling your home, wanting to increase your super contributions or incorporating a new kind of business structure, we have you covered.
You can use part of your pre-tax income to pay for certain kinds of products. Effectively payment would come out of your gross salary. Making additional super contributions is a classic example.
“Salary packaging” allows your employer to put part of your pre-tax salary towards a range of benefits including cars or phones. It’s what we call a “salary sacrifice.” You may also be able to use it to fund loans, school or childcare fees and health insurance.
We can help you understand how to make this option work for you.
This is a tax on profits made from buying or selling certain types of assets, typically property. If you are living in your home when you sell it, you may not have to pay any CGT at all. There are restrictions that relate to how long you have lived in a home before selling. We can have an expert team who can guide you through the best ways to sell any assets that might incur CGT.