End of year strategies
It may seem like a long way off, but you may want to consider thinking about strategies you can employ leading up to 30 June 2008 to reduce your tax, boost your super savings and ensure your money ends up where it should be - working towards your investment goals.
We've outlined seven strategies to help you:
- reduce your tax
- accumulate wealth for the future
- realise immediate gains in the new tax year
- utilise tax-effective income streams
- take advantage of 'free money' from the government.
Sound good? Talk to your financial adviser to find out how these strategies might relate to your personal circumstances. You financial adviser will take you through the strategies in detail and discuss your next steps to ensure everything is in place before next year.
Find out more about these strategies by clicking on the document below.
| Document | At a glance |
|---|---|
| Government co-contributions (161kb) |
Let the government boost your super savings. |
| Salary sacrifice (157kb) |
Reap the benefits of reduced tax immediately. |
| Spouse super contributions (144kb) |
Boost your spouse's super and save. |
| Personal super contributions (148kb) |
Reduce tax and accumulate wealth. |
| Pre-retirement pensions (119kb) |
Work less, same income. |
| Spouse contribution splitting (119kb) |
Split your super with your spouse and reduce tax. |
| Pre-paid interest (138kb) |
Claim a tax deduction this year and save. |
The information provided in these publications does not take into account your personal objectives, financial situation or needs. You should therefore consider the appropriateness of this information regarding your personal objectives, financial situation or needs.