The advantages of superannuation – with its tax rate of only 15%* on investment earnings – are well known. But with stringent release conditions and mounting legislative risk, it might be worthwhile considering other investment options to help manage your tax bill.
With an investment bond, you can invest in a tax-effective manner, and have access to withdraw your funds at any time. Investment income is taxed at the corporate rate of 30%*, and if you invest for the long term (10 years or more), you can make withdrawals from your investment tax-free.
Listed and unlisted property funds
Income distributions from property funds will oftentimes contain a ‘tax-deferred’ component. Depending on your individual tax circumstances, you may be able to benefit from the deferred payment of tax to when the investment is sold, resulting in the payment of less overall tax.