You've got a whole year to work on that. The accountant and/or financial planner can help.
The most usual trick is to endeavour to convert capital to income and offset losses on income against income. Deductible super fund contributions are good too reduce taxable income.
I'm not going to go into too much detail and I'm not allowed to nor am I providing tax advice.
Of course, the current government believes financial planners are f'n useless.
All IMVHO.
Ann: Rex enters a A$393M Scheme Implementation Deed with MACH, page-153
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