In 1991 Mr Kerry Packer uttered his famous anti-government quote: “Of course I am minimizing my tax (and then addressing the crowd said) … if anybody in this country doesn’t minimize their tax they want their heads read …”
And that is the truth of it. If you haven’t already done so you need to restructure your finances so you too minimize the tax you pay. The money is better off in your family’s budget than the government’s budget.
As a side bonus to tax minimizing exercise you are likely to reduce the excess fees you pay the bank “Baby Boomers are lazy”.
But be aware – there are multiple ways you can minimize your tax that may not sit with you morally.
To find out how to legally and morally minimize your tax today email nerissa@thewealthcentre.com.au for an appointment with a TWC finance coach and find out how you can restructure your finances.
