No one likes paying tax but it is part of our working life. There are a number of tax-minimising strategies that are completely legal and commonly used, and if you know to put these into place they could save you thousands that you might have otherwise overpaid. Enlightened Financial Solutions can tailor strategies that will reduce your tax burden and help you keep more of your money to grow your wealth. We can provide advice on discretionary family trusts, superannuation contributions, investments and negative gearing, estate planning and businesses. Whether you’re looking to minimise your tax leading into retirement, or for ways to reduce your tax during your wealth-building stage of life, we’re here to assist.
One of the most beneficial areas to minimise your tax is in superannuation. Taking action and being informed now could save you substantially when it comes to retirement. There are a number of strategies that could help you to save over the short and long term, including salary sacrifice, government co-contributions and self-employed super contributions. We can help to minimise your tax and maximise your income as you transition into retirement. Tax effective strategies could also help you save substantially if you are drawing a pension from your superannuation. The way you structure your estate planning can have a significant impact on how much tax will need to be paid on your assets. The financial specialists at EFS can help to identify which tax efficient arrangements you may be eligible for and help you to put these strategies into place.
You’ve worked hard for your assets – so why would you pay any more tax than you have to? By putting effective strategies into place you can minimise your tax expense and have more money to invest or save for the future, and to pass onto future generations. Put your plan into place now and enjoy peace of mind. Contact the team at Enlightened Financial Solutions now to book your complimentary appointment, and start identifying areas in which you could be saving.