Choice of investment structure really depends upon what type of assets you intend to hold, what risks you are exposed to and what you want to do with the assets.
We will start with types of the asset. It may be one of following
- Real Property
- Shares
- Managed Fund and Other Investments
Now we take need to take into account the purpose of holding assets
- Enjoy yourself
- Pass on to future generation
How these assets are held have a significant impact on how these assets are taxed. From the tax standpoint, Capital Gains Tax provisions play a pivotal role in deciding your investment structure. Australian Income Tax Act provides for Capital Gains Tax discount which is fifty percent, however, this discount is not available to all taxpayers and in all circumstances. Hence a high degree of care needs to be taken so that an investor qualifies for fifty percent discount.
Estate Planning is another vital aspect need to be considered in deciding investment structure. If you have to pay a significant amount of taxes just to pass it on to the next generation, in our opinion the time and money you spent on investment structure are futile.
How we can help
- We ensure that your assets are protected
- You pay minimum possible tax
- An investment Structure unique to you need
- A fixed fee for our clients who prefer certainty
At Tax Knights our advisors skilfully tailor an investment structure considering your wishes and needs and ensure that you pay minimum possible tax.
Disclaimer
The information presented here is general in nature; we have made various assumptions which might not reflect your particular circumstances. You should always seek personal advice disclosing individual
circumstances to be sure that the information is right for you.