Situation
Mr Anderson is a medical doctor with a high income. He and his wife still have some debt on their own home. Whilst they enjoy a good life style, he has minimal superannuation balances and other than their own home, they have no other assets. The tax paid per year is in excess of $100k.
Action
We work with the financial planner, property investments specialists, finance broker to:
- Reviewed their personal and financial goals and set up investment structures most suited to their needs for growth and asset protection
- Reviewed his financial position and reduce non deductible debt and replace it with tax deductible debt
- Customise a wealth creation solution for him using share portfolio and properties
- Increased superannuation contributions for him and his wife to reduce personal tax
Results
- Clients have a comprehensive and achievable investment plan to increase their wealth and legitimately reduced his taxation liabilities
- Clients have reduced un-deductible personal tax debt
- Clients have the confidence and peace of mind that whilst they work hard, their money is also working hard for them
Tax and accounting services provided:
- Business structures set up and advice
- Asset protection advice
- Capital gains tax planning advice
- Effective tax planning and tax minimisation
- Taxation services
Alliance partners services provided
- Wealth creation and financial planning
- Finance brokering
- Property investments specialists
- Legal services and estate planning