Welcome to episode 10 of The Numbers Game podcast. End of financial year is fast approaching and today we're talking all things tax and how to best optimise your situation.
On this episode, we discuss:
Reading The Play:
- Income splitting to make your financial situation better
- How the royal commission has changed the financial planning industry
- Why the secondhand car industry is booming
- Tax implications from selling your car
Losing it:
- Missing out on huge deductions
- Asset write-off vs depreciation
- Pros and cons of buying a motor vehicle through your business
EOFY Hacks:
- Importance of tax planning
- Topping up your super and saving tax
- Benefits of a property depreciation report
- Saving tax by restructuring your business
- When to move from a sole trader to a company structure
- Stock balance tax savings
- Debt recycling
- Bucket companies explained
Send us an email: hello@thenumbersgamepodcast.com.au
The Numbers Game is brought to you by Future Advisory & Inovayt.
Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic
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