Tax Optimisation

Edward Mazzoni | Tuesday, June 19, 2012
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The last 4 years have been difficult for investors the question is how do we go forward?

Quite simply we can lick our wounds and crawl in the corner or we can get on with “moving forward” (copyright Julia).

If we choose the later than the question then becomes how?

At the moment for patient and astute investors there is a plethora of opportunity in the markets as the world struggles to grasp the current economic issues. As the markets sell off has been considerable this means that a lot of this “bad” news is already factored into the share price.

However, as an investor you have some doubts on how you can benefit. Where am I going to get the money from and am I taking on too much risk? If you decide that you would like to have a go then we can build a strategy around some very good products to manage the later. Importantly, all we need to participate is some free cash flow every month.

Please refer to our website for further information and please hurry as this opportunity will close shortly.

If the world financial markets are turning are you positioned to benefit?

Edward Mazzoni | Friday, March 09, 2012
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The most common mistake I see as a financial planner is the strategy that people employ to reduce the mortgage on their house. It is natural to want to live in a house that you own and be debt free. After all once you repay the debt you don’t have any more monthly loan repayments.

However, the most common way that people go about this is to try and pay back the debt as quickly as possible from their wages. This is unfortunately the hardest way to go about doing this given the nature of how our tax structure works.

Lets also take a look at your monthly budget. Your loan repayments, be they principal or interest are only a small part of your expenditure requirements. The rest is made up of food, clothing, ever increasing electricity bills, running cars and all of other our activities that we need or enjoy.

This being the case the notion of financial security depends on 2 things; being able to own your house debt free but also being able to have enough passive income to cover your living requirements. Therefore, if we are focusing purely on the paying off your house debt then we are only addressing part of the problem. This is why I see people who think they are ready to retire and they proclaim "we own our house” only to be bitterly disappointed when they realise they cannot afford to stop working as they still need to earn an income to fund their lifestyle.

What is required

You need to come up with a holistic strategy that will encompass all of your goals that you need to achieve. With the help of our expertise in taxation and finance we can then help you design a strategy that will achieve all of these goals in the quickest possible fashion. This is really a case of working smarter not harder, don’t struggle on the steps for 30 years when we can take an elevator and dramatically reduce the time but also improve the outcome.

Edward Mazzoni | Monday, September 05, 2011
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If you have not spoken to us about how this strategy can help you please do so otherwise you may be missing out on the opportunity presented by the Global Financial Crisis and you will look back and say...If only I had....

We are pleased to inform you of a great investment opportunity that we are pleased to recommend to our clients, as it offers a great opportunity to create wealth whilst managing risk and attaining tax benefits for this tax year.

There are two distinct strategies, one for wealth accumulators (Strategy A) and one for Self Managed Superannuation funds or investors with cash looking for higher returns than cash but limited downside (Strategy B). Please follow this link to some further information on our website, but please do not hesitate to call us and find out more.

Action would need to be taken promptly to capitalise on the tax deduction available for this year’s return.

We would also like to take this opportunity to remind everyone to contact our office to discuss tax planning initiatives that need to be implemented for your personal circumstances before 30 June. Please follow to our latest newsletter that deals with a number of these strategies

Edward Mazzoni | Tuesday, June 15, 2010
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We are pleased to inform you of a great investment opportunity that we are pleased to recommend to our clients, as it offers a great opportunity to create wealth whilst managing risk and attaining tax benefits for this tax year.

There are two distinct strategies, one for wealth accumulators (Strategy A) and one for Self Managed Superannuation funds or investors with cash looking for higher returns than cash but limited downside (Strategy B). Please follow this link to some further information on our website, but please do not hesitate to call us and find out more.

Action would need to be taken promptly to capitalise on the tax deduction available for this year’s return.

We would also like to take this opportunity to remind everyone to contact our office to discuss tax planning initiatives that need to be implemented for your personal circumstances before 30 June. Please follow to our latest newsletter that deals with a number of these strategies.

Edward Mazzoni | Wednesday, May 26, 2010
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The budget delivered last night from Mr Swan was pretty uneventful and will not be remembered beyond lunchtime today.

There wasn’t much in it for superannuation and financial services, as all the big ticket announcements had already been released last week with the Henry Tax Review.

In summary;

1. Gradually increasing the Superannuation Guarantee rate to 12% from the current 9%.
2. $500 super contribution tax rebate for low income earners.

Summary of Key 2010 Budget Announcements

The key proposals announced in the Budget include:

• The maximum co-contribution matching rate and payment amount will remain at 100% and $1,000 respectively with indexation being frozen on the applicable limits.
• Individuals will only need to include 50% of interest income of up to $1,000 from certain investments in their tax return.
• Tax payers will have the option to claim a standard deduction of $500 in 2012/13, increasing to $1,000 in 2013/14.
• The benchmark interest rate for capital protected products will retrospectively be the indicator rate plus 100 basis points.
• Super funds paying terminal medical condition benefits will be eligible to claim a deduction.
• The Commissioner will be able to exercise discretion in relation to excess contributions tax before an assessment is issued.
• If you want a more detailed analysis please refer to Client's Area of our website.

 

Edward Mazzoni | Wednesday, May 12, 2010
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