Are there any experts around here who can suggest some ways of...

  1. 5,196 Posts.
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    Are there any experts around here who can suggest some ways of reducing tax in an effective manner.

    I have bought shares in my name and if I liquidate them now I will be paying a good chunck of it in tax. This is after the 50% discount rate. It is really heart breaking to pay $60K+ in tax because it is not easy making that kind of money at the same speed it has to be paid to the ATO.

    Do people know of any good ideas or any good advisor who can suggest some legitimate avenues of retaining this tax in the form of an investment.



 
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