I’m enjoying your content. Any Novated Leasing of cars, Tax tips or implications from this would be an interesting topic for a video. Keep it up. Thanks 🇦🇺💰
When you really work it out companies pay no tax if they have franking credits. It does not matter if company tax is 0% or 100% or 30%. once the shareholder gets the dividend they pay tax on their marginal rate and claim the franking credit back
Not how I would personally look at it. A company definitely pays tax. The individual then receives a tax credit and pays at their marginal rate less the tax already withheld. The company still needs to factor in the tax to their profitability, it is the individual who receives the benefit of the franking credits.
Which tip was your favourite?
Hey there
I watched your video and it's really insightful. Please do you can I claim transport fares to work places?
Have a watch of my videos regarding car expenses then you should be able to search on the ATO site about travelling between home and work.
I’m enjoying your content.
Any Novated Leasing of cars, Tax tips or implications from this would be an interesting topic for a video.
Keep it up.
Thanks 🇦🇺💰
Glad you're enjoying the content. A few people have asked for that. I'll add it to my list.
Make a video about tax saving when owning a investment properties pls
I made one a couple months ago
When you really work it out companies pay no tax if they have franking credits. It does not matter if company tax is 0% or 100% or 30%. once the shareholder gets the dividend they pay tax on their marginal rate and claim the franking credit back
Not how I would personally look at it. A company definitely pays tax. The individual then receives a tax credit and pays at their marginal rate less the tax already withheld. The company still needs to factor in the tax to their profitability, it is the individual who receives the benefit of the franking credits.
KP is a great reference, what a weapon
KP?
@@EthanRooshock Kerry Packer 😄
Great info!
Glad you found it interesting!
Wonderful
Cheers!
⭐️⭐️⭐️⭐️⭐️🙏🙏🙏🙏🙏
Cheers!
If you are employed at 300k aud and working from home, no travel and with no assets. How are you going to reduce tax substantially? 😂
Earn less money, easiest way to save tax.
audio
?
@@EthanRooshock Just had a little difficulty hearing you on that video.
@@maxwellmatches Thanks for the feedback. Hopefully the newer videos are a little bitter.