At the wealth accumulation stage of life, many of Strategic Wealth’s clients enjoy successful careers with high-level positions in corporate organisations. Many are also small business or professional practice owners. Along with their well-earned success, our Australian-based clients earn higher-level incomes, which are subject to higher rates of tax levied under the Australian taxation system.
It is for these reasons that our clients are interested in managing their tax exposure using means allowable under the Australian legislation. There are many strategies that may be considered to reduce your tax liability, however it is important to understand all of the implications that may flow on from the decision to pursue a particular strategy. At Strategic Wealth, we believe that, while it is important to reduce taxation where feasible, it is more important that the strategy creates wealth over the desired investment timeframe.