Episode 55: Do This To Legally Pay LESS TAXES in Australia

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Episode Description:

In this episode of The Wealth Guide Podcast, host Malissa Vourakis sits down with the Ryker Capital team, Jack Oineza, Ricky Regmi, and Dean Desoukey, to answer a question that every Australian has asked at some point: how do you legally pay less tax?

They break down how the progressive tax system really works, why the top marginal rate can sting at 45%, and how using structures like companies and trusts can legally bring that bill down to as low as 25%. You’ll learn the difference between smart tax planning and anti-avoidance (and why the ATO takes one very seriously), how superannuation delivers powerful tax advantages at just 15% in accumulation and 0% in pension phase, and the traps that catch people out with deductions, home offices, and novated leases.

If you want to understand the strategies behind paying the right amount of tax, protect yourself from costly mistakes, and keep more of your money working for your future, this is an episode you can’t afford to miss.

Timestamps:

00:00 Intro/Hook

01:36 Pay less tax legally in Austalia

03:00 Progressive Tax System and Tax Brackets

07:25 Difference between Sole Trader and a PAYG

10:09 Tax Deductions and Their Application

16:51 Tax Strategies for Businesses

23:23 Trusts and Tax Planning

29:17 Capital Gains and Tax Harvesting

32:01 Risky Tax Strategies and Client Examples

41:25 Tax Planning for Part IVA and Bankruptcy

43:34 Conclusion/Outro