Tag: winding down


Tax Planning & More

27

May 2015

Tax Planning & More

How to avoid the 45% tax rate? Did you know that income remaining in a trust is taxed at 45%? It is imperative that any trust income is correctly allocated before 30 June 2015 to avoid horrible tax outcomes. To achieve the best outcome you should: understand your tax position for the year ended 30 June 2015 prepare an effective tax plan for the remainder of this...

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