49. How to Deal With Taxes

In this episode, we talk about the different taxes we face on our financial journeys. 

We discuss taxes on our income and investments, different options for reducing tax, including tax deductions and negative gearing.  We also break down examples of what taxes look like when you're living off a portfolio.


Discussion points...

• Intro chat  (01:10)
• Employment taxes  (03:26)
• Salary sacrificing and salary packaging  (07:45)
• Capital gains and dividend taxes  (16:19)
• Reducing tax on investments  (28:15)
• Negative gearing and debt recycling  (39:47)
• Taxes in early retirement  (47:08)
• Some thoughts on trusts and structures  (53:13)
• Where do our taxes go?  (59:11)

Resources and stuff mentioned...

• How we track our investments:  Sharesight
• Key Investment Principles for Long Term Success
• Using Debt to Invest in the Sharemarket

More from us...

• Pat's blog:  Life Long Shuffle
• Dave's blog:  Strong Money Australia
• Contact us with questions and feedback:  [e-mail]