1. Mortgage offset account:
This is more often viewed as a strategic to cut attraction costs and the length of the loan on a mortgage. The other side of the equating is a tax saving on money that would otherwise have been stationed in a savings account and collecting interest, on which you would be taxed at your marginal tax rate. 2. After tax super contributions: Much of the target with super is on the tax savings from making pre tax contributions through salary give up. This is because of the 15 percent tax rate paid on super contributions up to the age based caps. 3. Discretionary family trust: An effective way to possession investments, a trust is a free investment structure where the property is controlled by one or more persons on behalf of a group of other persons. 4. Transition to retirement: If you are over 55, the blend of salary sacrificing pre tax income into super and the drawing an income from super advantage can be very tax effective. 5. Investment bonds: Money such as a bequest or the proceeds of a house can be spent in an insurance bond to minimize tax. 6. An investment company: Setting up a company through which investments are purchased is one way of assuring the tax paid is never more than 30 per cent.
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