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How To Legally Reduce Your Tax

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Standard Price:$29.95
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Tony MELVIN & Ed CHAN
How To Legally Reduce Your Tax
Paperback

Description.

Totally Revised and updated Edition:
2010 now available. click here!

Where can the everyday Australian go to learn about asset protection and structuring?

Tony & Ed point out that no means of public education exists for those who want to learn how to play the rich game, and that's why they wrote this book.

While tax legislation is becoming more complex, Tony & Ed have simplified and summarised the important points so that anyone who wants to learn now has the opportunity.

Here's a taste of what's inside;

  • The difference between a company structure and a trust
  • The 7 different types of trusts and how to use them
  • Why you should rarely buy an investment property in your own name
  • How to protect your assets from lawsuits, taxes and creditors
  • How you can pass your wealth onto your children and have it protected for generations
  • How to protect your business assets
  • Why tax is a game which can be played by everyone, not just the rich.
RECOMMENDATION:

A simple, no nonense explanation about how to protect your assets and income.


Table of contents

Part One
Rules of the Game
 
The game of tax
 
The effect of tax
 
How the rich play the game
 
The self-assessment system
Part Two
A Players Tool
 
The two main taxes
 
Tools of the game
 
What is a company
 
What is a trust
 
Asset Protection - the difference between a company and a trust
 
Unit, Hybrid and bare trusts
 
Deceased estates and divorces
 
The Trust guide
 
Understanding property and negative gearing
 
Land tax
 
Business asset protection
 
Superannuation: a taxed savings plan
 
Maximising your tax deductions and reducing your tax
 
Bookkeeping and tax returns made easy
Part Three

 
Real life examples
 
Getting help with your next step
 
About the authors
 
The street-smart factors of legal tax reductions

 
 
 
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