An investment is tax effective if you pay less tax than an investment with the same risk and expected return. Lower tax can help your savings grow faster, but remember not to invest based on tax benefits alone.
Whether you’re starting out and wanting to make smart investment choices for your portfolio or you’ve been investing for some time and looking at new ways to make your tax more effective on existing assets, this guide will help give steer you in the right direction.
Read on for guidance on what makes some investments more tax effective…
- Don’t be discouraged by marginal tax
- Make the most of your super
- Managing tax on shares and property
- Investment bonds
- Be wary of ‘tax-driven’ schemes
- Protect your investments