Mo Money #464 How to pay less tax in 2025
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Aug 21, 2025 Discover strategies to cut your tax bill and increase your tax refund this year! Learn about effective tax structuring and how it can enhance your net income. Unlock valuable tips on deductions, record-keeping, and investment tactics like selling underperforming assets. Explore smart methods such as negative gearing and debt recycling to maximize tax efficiency. Gain insights on planning ahead and navigating the complexities of the tax code to set yourself up for financial success!
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Trust To Company Pathway Example
- People use trusts to distribute profit to an investment company to avoid immediate personal tax.
- Over time they draw salary when employment income falls, often with little extra tax due thanks to franking credits.
Harvest Franking Credits Strategically
- Use franking credits from Australian shares to reduce company and personal tax bills.
- Hold franked shares inside a 30% company to let dividends grow with minimal further tax.
Plan In July And Tidy In April
- Do tax planning in July for the coming year and tidy up in April before EOFY.
- Early-year steps (timing contributions, purchases) are far more effective than last-minute fixes.