Episode Details
Back to EpisodesAre You Paying Too Much Tax?
Description
In this episode Lee and Mai take a deep dive into tax planning, business structures, and the smart (and legal) ways business owners can reduce tax, improve cash flow, and build long‑term wealth.
Following the strong response to last week’s Payday Super episode, this conversation tackles one of the most common questions business owners ask: “Am I paying too much tax?”
The answer, as Mai explains, is often yes — but not because the system is broken. It’s usually because the structure or strategy isn’t right.
In this episode, Mai talks about:
- What tax planning is and why it matters
- How to legally reduce tax and improve cash flow
- Common mistakes business owners make when paying themselves
- What you can (and can’t) claim when working from home
- How company tax, dividends, and franking credits work
- The role of trusts and bucket companies in tax and asset protection
- Why the right business structure can change your financial future
You can't know what you don't know. This could be the conversation that changes everything.
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Disclaimer
The advice contained in this presentation is general in nature only and should not be acted on without first seeking professional advice.
Your personal circumstances have not been taken into account, and you should consider the appropriateness of the advice to your individual needs.