Why Saving Tax is All about Marginal Tax Rates (Almost) Saving tax is all about marginal tax rates – almost. When you split, defer, offset, offshore or hide income to save tax – whether this is actually worth the effort depends on marginal tax rates. 2024 Tax Brackets If you are an Australian tax resident, […]
The 9 Ways to Pay Less Tax: There is Nothing Else But These 9 There are a million tricks to pay less tax—we are just guessing; we didn’t count them—but all these just come down to nine things: the nine ways to pay less tax. There is nothing else but these nine. To pay less […]
Should I Buy or Lease a Business Car in Australia? There is no straightforward answer. No size fits all. It depends on your circumstances. Consider these 10 points in your decision to lease or buy your car. 1 – Car Limit 2 – Instant Asset Write Off 3 – Cash Flow 4 – Interest Rates […]
PSI, PSE and PSB – Get This Right and Pay Less Tax If your business provides a service, PSI, PSE and PSB are the three most important acronyms for you to pay less tax. In short: If you earn PSI through a PSE that qualifies as a PSB, you pay less tax. PSI If you […]
Why Do Child Support Assessments and Income Tax Go Hand-in-Hand? Why do child support assessments and income tax go hand-in-hand? The answer is simple. Whatever reduces one usually also reduces the other. If you pay child support and receive child support assessments, the higher your income the higher your child support. Guess what. Your income […]
Who Does What Around Child Support? There are family lawyers, child support lawyers, tax lawyers, and child support tax agents. Most couples never use any of them. But the higher the income and wealth at stake, the more help you need to manage child support – to pay less if you are the payer or […]
Five Things That Determine Your Child Support The amount of child support you pay or receive is not a number that fell from the sky. It is calculated. What you pay or receive, depends on the following five things. 1 – Child Support Arrangement 2 – Income 3 – Care Percentage 4 – Other Children […]
6 Arguments AGAINST Child Support AGREEMENTS Without a child support agreement, family law will dictate how much child support there is to pay based on both parents’ income, care percentages, and other dependent children. With an agreement, you decide this between the two of you without involving Services Australia or the law. Anybody can enter […]
7 Arguments FOR Child Support AGREEMENTS Whether you are better off with an agreement or an assessment depends on your circumstances including the amount of income and wealth at stake. But it also depends on whether you pay child support or receive it. Here are 7 arguments FOR an AGREEMENT, assuming you are the payer […]
8 Arguments FOR Child Support ASSESSMENTS Child support assessments are the most common form of child support arrangements in Australia. While they are not the best thing since sliced bread, there are some strong arguments in their favour. Here are eight arguments For an ASSESSMENT – assuming you pay child support. If you receive child […]
Why Saving Tax is All about Marginal Tax Rates (Almost)March 3, 2025 - 2:34 pm
The 9 Ways to Pay Less Tax: There is Nothing Else But These 9March 3, 2025 - 2:33 pm
Should I Buy or Lease a Business Car in Australia?March 3, 2025 - 2:33 pm
PSI, PSE and PSB – Get This Right and Pay Less TaxMarch 3, 2025 - 2:32 pm