The end of the financial year offers an ideal opportunity to review your financial position, and to take advantage of tax concessions and strategies that are offered to help you grow and protect your wealth. This year offers significant new benefits for many investors, as well as pitfalls to avoid, so the time to prepare is now.
In this timely podcast, Gemma Dale interviews personal finance expert Katie Whiffen about the range of strategies you could consider prior to 30 June 2018, including:
- What to look for when reviewing your portfolio,
- Tax deductions of up to $20,000 for business assets,
- Deductions of up to $25,000 for super contributions, even if you’re an employee,
- How to get a 50% guaranteed return on your super contribution, and
- Strategies to ensure every member of your family benefits this financial year.
The information provided in this podcast is intended to be of a general nature only. Any advice has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any of this information. NAB is not a registered tax agent and any taxation information contained on this website is of a general nature. The tax consequences of investing will depend on your particular circumstances and we recommend that you seek professional tax advice before applying for a financial product. The information in this podcast is not a substitute for reading the relevant terms and conditions and Product Disclosure Statement (PDS) before making any decisions available via our website at www.nab.com.au