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Taxation

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How to use financial planning strategies to reduce your taxes

Did you know that when your superannuation/pension monies are passed down to your adult children upon death, that the estate can pay up to 17% in taxes on these monies?

Looking for some loose change?

Happy Financial Year to All. Now that we are into the 2018/19 financial year, this means that the recent approval from the Senate of the seven-year Personal Income Tax Plan comes into effect, and you may find yourself with some loose change in your pocket! The first step of this plan is to provide small tax relief to low and middle-income earners.