As a wage earner, you are allowed to arrange your financial affairs in a manner that helps you to legally minimise your tax liability. Using effective tax minimisation strategies, you can decrease how much tax you’re required to pay and better manage your tax responsibilities.
At MAS Tax Accountants, we can assist you to understand your tax position and reduce your tax amount. We work with our clients to determine which tax minimisation strategies may best suit your financial situation and provide expert advice.
Common tax minimisation strategies that may apply to you, include:
- Superannuation and Salary Sacrifice
- Managing Gains and Losses
- Work-related Tax Deductions
- Income Protection Insurance Tax Deductions
It is important to seek advice from a professional Tax Accountant and ensure that tax minimisation is right for you.