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Home > Format > Books > How To Legally Reduce Your Tax
How To Legally Reduce Your Tax
Tony MELVIN & Ed CHAN
How To Legally Reduce Your Tax
Paperback
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;
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The difference between a company structure and a trust
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The 7 different types of trusts and how to use them
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Why you should rarely buy an investment property in your own name
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How to protect your assets from lawsuits, taxes and creditors
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How you can pass your wealth onto your children and have it protected for generations
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How to protect your business assets
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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
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Part One
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Rules of the Game
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The game of tax
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The effect of tax
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How the rich play the game
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The self-assessment system
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Part Two
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A Players Tool
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The two main taxes
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Tools of the game
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What is a company
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What is a trust
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Asset Protection - the difference between a company and a trust
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Unit, Hybrid and bare trusts
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Deceased estates and divorces
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The Trust guide
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Understanding property and negative gearing
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Land tax
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Business asset protection
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Superannuation: a taxed savings plan
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Maximising your tax deductions and reducing your tax
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Bookkeeping and tax returns made easy
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Part Three
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Real life examples
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Getting help with your next step
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About the authors
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The street-smart factors of legal tax reductions
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