Tax Returns & Tax Advice for Investors
Understanding tax can be one of the most complicated aspects of the financial and legal system. Not only is tax complex and sometimes tedious to understand, but it is an essential and mandatory component of every Australian.
Goods and services tax (GST), pay as you go (PAYG) and capital gains tax (CGT) are the most common taxes you will encounter. Any individual who buys a product will have to pay GST, an individual who earns an income will experience PAYG and individuals with investments may have to pay CGT depending on the situation, what they do with that investment and on the types of investments they have.
An individual with some form of an investment compared to an individual with no investments will require different tax advice. Additionally, each individual requires a more specialised tax return depending on a number of factors including number of investments owned by that individual. The size of your investment portfolio and the complexity of your tax position are directly proportional.
When it comes to structuring for investors there are a few things that need to be looked at carefully which include:
- Structuring to minimise capital gains tax
- Minimise tax on positive income derived by the investment
- Maximisation of negative gearing benefits
- PAYG Variations to boost cash flow
- Investment loan structuring
- Asset protection structuring
- Estate planning to ensure that investments are passed from one generation to the other in a tax effective manner
Your tax returns are tailored to suit your individual needs with a focus on providing you with high value services that include opportunities to help you get the best tax return results.
There are different structures available to investors. Each structure has its advantages and disadvantages. Our experienced tax accountants will go through situation thoroughly to work out the most appropriate structure.
Examples of different structures include:
- Purchase in joint names
- Family Trust and discretionary trust structures
- Unit Trust structure
- Self Managed Superannuation Funds
- Private company structure
Just like your tax return, we are aware that the advice provided to one investor will be different to the advice provided to another investor. With our team of specialists, we are able to analyse and understand all of your assets, liabilities and investments to provide you the ideal tax advice that you require.
Services available to you include:
- Tax minimisation strategies for your property investments
- PAYG Variation
- Depreciation schedules
- Cashflow Advice
- Advice on depreciation deductions
- Tax effective investment structure for property investors and share traders
- Advice on Family Trusts and other tax effective investment vehicles to hold your investments
- Holding investments through Self Managed Super Fund structures
- Loan structural advice and ensuring your loan is structured tax effectively
- Wealth creation advice and property investment advice
- Capital Gains Tax Advice
- Asset protection
- Estate planning strategies
Our expert advisors will review your financial position and analyse all of your assets, liabilities and your investment portfolio to ensure you are maximising tax efficiencies and wealth creation opportunities. We will prepare your tax return in the Sydney CBD and look through the numbers and help you make sense of them.
