Roydon Snelgar

Tax Planning Strategy 184 | SMSFs: Investing in Non-Controlled Entities

19 November 2016

Tax planning strategy 184 This strategy involves a SMSF investing in non-controlled unit trusts or companies. As the entities are non-controlled entities they can operate businesses, be geared, and invest without breaching the SIS legislation. This structure allows multiple unrelated SMSFs to invest in these entities and have the trust distributions, dividends, and capital gains…

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Tax Planning Strategy 181 | Start a Pension in a SMSF

18 November 2016

  Tax planning strategy 181 Australia now has over 570,000 self-managed super funds (SMSFs) that hold $600 billion of investments. The ‘average’ super fund now has a balance of over $1 million, although 45% of funds have less than $500,000 of assets. The SMSF segment is fast growing and now accounts for 29.1% of the…

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New Tax Stategy Added: Loss Companies or Trusts

17 November 2016

  This strategy involves directing business or investment income across to a taxpayer’s loss-company or trust. Loss companies and trusts are entities that have either unapplied revenue tax losses or capital losses. These losses may have been incurred as the result of previously operating a business at a loss or having investment losses on shares…

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Niue

17 November 2016

Capital city:              Alofi Currency:                  New Zealand dollar (NZD) Population:              1,470 (predominantly Polynesian) Language:                Niuean (official) 46% & English 43% GDP:                          $15 million (Est) Niue is one of the world’s largest coral islands and is located in the South Pacific Ocean, east of Tonga. It’s known for its limestone cliffs,…

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Tax Planning Strategy 182 | The Advantages of Tax Havens

17 November 2016

  Tax planning strategy 182 The central feature of a tax haven is that its laws and other measures can be used to evade or avoid the tax laws or regulations of other jurisdictions. Although there is no universally accepted definition of tax havens the following characteristics are indicative of it: No or nominal taxes.…

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6 Strategies To Promote Tax Planning Services To Your Clients

11 November 2016

Have 5 different Tax Planning leaflets on display in the reception area of your office. Some clients will then pick them up and read them while waiting for their appointment. The leaflet series details tax planning options for: Rental Property Owners, Small Business Owners, Buying/Selling/Starting a Business, Employees, Investors and Retirees. Include a Tax Planning…

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Netflix Tax – Gst

10 November 2016

  Netflix Inc. is an American multinational entertainment company founded in 1997, in California by Reed Hastings and Marc Randolph. It specializes in streaming media and video on demand online and now has 86 million subscribers world-wide. In 2013, Netflix added film and television production, as well as online distribution debuting its first series, House…

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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2