"If you have a spouse I suggest you speak with your accountant...

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    "If you have a spouse I suggest you speak with your accountant about income splitting. If your employer would allow you to become a consultant that would be a bonus as you could start a company with a trust structure. This is what I operate with which allows me to bump my spouse up to the $180k with an affective tax rate of 30%"

    Hopefully your accountant is up to date with PSI, Part IVA anti-avoidance rules etc.


    https://hotcopper.com.au/data/attachments/6675/6675812-45b647c41729d0544237f25922aa3809.jpg


    Not advice etc, just a heads up.

    Cheers!
 
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