Search results

This is correct. We can declare $142k gross income for each member of the family. So in total we pay ourselves over $500k gross and pay no individual taxes. This is hardly limiting our income or deferring our income. We simply wouldn't want more than this as personal funds. All reinvestment is...

Not sure what you are asking but I think you mean that company is beneficiary of trust. We have that but we also have structures where company owns assets. 100% of shares of company are owned by a trust. Company declares dividend and pays to the trust. Trust distributes to me. Most times money...

Hi Paul I am solely outlining my personal situation. We limit the tax rate to 30% because we control how much income we draw. How is it that there won't be enough imputation credits as the profit on any sale will have a 30% company tax payable. If I was to sell then, again, I would limit the...

We do have most of our property assets owned by companies which are in turn owned by Trusts. Via this method we get 3 separate thresholds for land tax in NSW. This saves us about $20k PA. We are looking at a CIP currently and it will be held by a new company with different directors to get...