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Cadence is you are correct...what you have detailed is absolutely correct. The example you gave is correct but the break is 46.5% as you also avoid medicare (1.5%). This level of planning required some planning and effort but well worth it. A scenario similar to mine is: 1. Commence...

There is always the option to buy a laundry to wash your money.... ;) ....trouble is ML crimes have jail sentences up to 25 yrs.....

There are friends of mine in IT who legally minimize tax by paying having the wife do the books part time. The wife does not work. I believe he only deducts about 50k per year on this (includes super, insurances, etc). The other thing is to have some of the income quarantined in retained...

OK....knowing where you have been and realising the change required. A couple of things you can do to minimize taxable income: 1. Salary sacrifice till you are contributing up to 25k in Super (you maybe already doiung this) 2. Try to buy newer properties. I call this depreciation...

OK....I will pay the bad guy?? You say that you make more than 450k...and save at least $150k. At 39 I am presuming that you have earned this sort of money for a while. Why the sudden religion...what did you do previously with your cash? My tips... 1. Minimise rent...it might be more...