Tax Effective Strategies
What is Tax Effective Strategies?
Tax effective strategies are when a financial adviser/accountant will find you all the possible ways to legally offset the amount of tax you need to pay. A few ways you can achieve this is through negative gearing, salary sacrifice or even a transition to retirement strategy.
Why use Tax Effective Strategies?
By being able to lower the amount of tax you pay legally, you are able to place yourself in a better financial position. Therefore the money that you save from paying less tax can be added to your financial investment.