Like the old saying goes there are only a few things certain in life - death and taxes. In this episode we cover some of the most important tax strategies for people in different age brackets: 18 to 40, 40 to 60 and over 60 years of age. Each one of these groups have unique opportunities to manage and legally reduce what they pay in tax.
Accountant Timothy Ricardo from Accounting Advisor Group joins Wealth contributor James Gerrard of FinancialAdvisor.com.au
In this episode we cover:
- Tax tips for younger people to get into the property market- Who should be thinking about getting a family trust- Strategies to minimise tax leading up to and during retirement- Top tax deductions you didn't realise you could claim
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