The Tax Solution - 2007 Edition Normally $59.50 The Tax Solution..... 100% Legal Ways to Reduce Your Tax...... 2007 Edition - Updated to take into account all the Australian Tax changes for 2007  This book will show you exactly how to reduce your income tax to almost zero.... legally! A Message from the Author, Accountant, Lance Spicer “I have had many of my readers write to me and say, "I simply want to reduce my tax, but my accountant just says he can't (or won't) because there is nothing more that he can do". Well, the fact is, many accountants simply don't know how many of the strategies in this book, work.... in my opinion they should, but after 30 years experience with accountants, I'm still amazed how much most of them don't know!”    “I have written the Tax Solution to be the definitive Tax Reduction Strategy book for the average person, and tried to make it interesting, which isn't easy when you're talking about tax."   "Every single legal strategy I have learned over the last, nearly 30 years of accounting and taxation consulting has been simplified, checked, re-checked and detailed in this book, in a way anybody can understand.”   "This is not your usual book on tax. Nearly all books on the subject are difficult to read and understand…. And boring…Oh God, they are boring. That was the most important aspect of this book.... it had to make sense, be readable and be practical for non-financial people. This is where so many other tax books run off the rails."   “This book has all the very best legal, practical ways to reduce tax that your accountant has NEVER told you. In fact, maybe you should buy this book for your accountant, so he can apply these strategies to your situation for you. Doing this will save you a fortune in fees and it's tax deductible."     You Need The Tax Solution if: You have to pay tax and you think you pay more than you should Your accountant can’t offer you any more legal ways to assist you with reducing taxes You’ve read tax books before and they are too technical and boring You want to know how the rich can get away with paying less tax than you You are not necessarily a “financial” person who understands accounting jargon You don’t want to break the law - you want legal strategies You want to reduce your tax to the absolute legal minimum If you were paying a $1,000 per hour for an accountant..... you still probably wouldn't find out most of these strategies.   Here are Just Some of 100% Legal Strategies that are explained in the Tax Solution: How to make your home mortgage 100% tax deductible. How to reduce your personal income tax from 46.5% to almost zero How to defer and reduce your tax using companies and trusts How to get legal double deductions on certain expenses Several strategies for Property Investors that will reduce tax by hundreds of thousands and possibly millions of dollars Residency and non-residency strategies that can reduce or even eliminate tax Superannuation simplified and how you can arrange things to reduce your tax, beyond what you thought was possible How to get an 18% return on your money overnight, with one simple strategy Companies & trusts explained..... but in a way your accountant never would.... this is about saving you money, not costing you money! Reduce your Superannuation Contributions Tax from 15% to 5%..... yes, you can do it and it's legal! Why Low Documentation Loans are a very bad idea A Tax Strategy that Increases Property Cash Flow and Makes Negative Gearing Work Rental Property Capital Gains Tax…. What Tax? Convert Bad Debt to Good Debt, and getting a tax deduction for it The Truth about Managed Investment Schemes and their Tax Incentives Sell your business.... pay no tax on the sale! Offshore tax solutions.... what's possible and what's not Get a tax deduction for Life Insurance.... your accountant will tell you "it's not possible!" Tax Deductions on expenses you never thought possible, we'll show you how! Strategies for The Share Investor Strategies for The Property Investor Strategies for The Wage Earner Strategies for The Retiree Strategies for The Business Owner Master Tax Strategies....... I can't even hint what they are here..... you have to read the book! A Tax Loophole that you could drive a truck through! Plus plenty more Strategies, Deductions, Tips and advice on exactly how to handle all kinds of tax situations! Even the book itself is tax deductible! If you have ever asked your accountant if there is a way to reduce your tax......... The Tax Solution is an absolutely essential read! This book contains just about every strategy available to reduce your tax legally.   Think how about how much tax you pay........ If this book shows you just one way to reduce it, then don't you think it's worth it? But we won't just show you one way..... we'll show you lots of way to reduce tax!   The Tax Solution is Essential for: The Property Investor The Share Investor The Wage Earner The Retiree The Business Owner The Tax Solution was written specifically for Australians and looks at strategies to reduce tax under the Australian Taxation system. This is not to say that readers from other countries such as the UK, New Zealand, USA and Canada couldn’t use these strategies. In most cases, the strategies are legal and workable and in some cases work even better than they do in Australia!   So, while this book is “Australianised”, there is no reason the contents of this book can’t be put to good use in other countries. Just check with a local accountant in your country before proceeding with anything in this book.   "I didn't believe it when you claimed you could make my home loan tax deductible, I stand corrected! Lance is a genius" Thomas K.   Your Tax Solution book has blown me away! I just thought you would like to know, I've told all my friends too. Good stuff! - Gavin P. - Sunshine Coast   ".......By the way, I love the stuff he puts together, it's no nonsense, intelligent and has certainly made me money.  The world is a better place for having Lance Spicer. Cheers," Ellie M.   "Just read the Tax Solution, Lance has done what so many accountants can't - explain tax in a simple way. This book has definitely saved me money and I'm going to buy the Ultimate CD from you guys. Thanks." Bill T.    "A Must Read book, excellent info, turned up quickly, would buy again from Trident Press...." - Michael K   Table Of Contents - The Tax Solution   Preface                                                                            About This Book                                                               Introduction                                                                      How The System Works                                           The Nasty Effect of Tax                                           I Know…Some of you think this Tax Reduction Stuff is “Naughty”!                                                    The Current State of Affairs…The Conventional Methods that Taxation is Reduced                       Simple Strategies to Save Tax NOW!                           Increase Superannuation Contributions                   Superannuation Splitting                                          Transition to Retirement Benefits                            Salary Sacrifice                                                      Investment                                                              Operate your Affairs though a Company          Defer Your Income                                                  Defer Sales of Assets                                             Accelerate Your Deductions                                    Make Repairs                                                          Write Off Bad Debts                                                Write Down Trading Stock                                       Prepay Bills                                                             Write Off Non-Commercial Losses                          Home Office Expenses                                            Depreciation                                                           Sale of Investments                                        Income Splitting                                                       Free Laptop Computers                                          Child Care Rebate                                                   Government Return of 150%                                   Eliminate Capital Gains Tax                                    Rebalance your SMSF                                                Incorporation & Trusts - All you need to know to save tax!                                                                                         Running Your Affairs through a Company                 Running Your Affairs through a Trust                        Company & Trust Solution                                        Trusts as a Vehicle of Tax Avoidance                        Tax Saving Strategies for The Investor                               Borrowing to Invest                                                          Using franking credits to offset tax                           Deferring tax with property trusts and infrastructure funds                                                                                Super options                                                                   Timing your decisions                                                      Investing in the right name is important                            How to calculate your capital gains tax                    Tricks with Superannuation can Reduce your Tax from 15% to only 5%                                                 Borrowing Money for Investment?                                    Beware of Low Documentation Loans!                       Tax Saving Strategies for The Property Investor                Negative Gearing as Tax Strategy                           A Tax Strategy that Increases Property Cash Flow and Makes Negative Gearing Work                         Rental Property Capital Gains Tax…. What Tax?     Land Next Door?…Do you have to pay Capital Gains Tax?                                                                      Overseas Properties…. Are there any advantages, tax wise?                               Tax Loophole that you could drive a truck through            Consider “tenants in common”                                          Rental Properties Warning!                                              Property Investing – What you can claim                         What Should The Property Investor Do?            Tax Saving Strategies for The Wage Earner                       Superannuation Contributions                                  18% Return Overnight Government Guaranteed              Fancy a Tax Free trip around Australia?                          Life Insurance Is Not Deductible, Everybody Knows That! … Think again!                   Tax Minimisation Schemes – While a few of them seem good, the ATO is targeting them                     Medical Rebate                                                                Salary Sacrifice Idea - Saving on Deductible Fringe Benefits Tax Items                                          Tax Saving Strategies for The Business Owner                  The Simplified Tax System should be Adopted          Coffee, Tea….. or Tax FREE?                                         Converting Bad Debt to Good Debt & getting a Tax Deduction on your Home                                        Thinking of Selling Your Business? I’ve got Good News!                                                                Master Tax Strategies…. The Ones People Don’t Talk About… SSHHHH!           Borrow Money to put into Superannuation                       Buy your home in your own name to take advantage of tax-free status                                            Arrange for your Home Mortgage to be 100% Tax Deductible                                                       Tax Effective Loans that Currently Work….. but for how long is anybody’s guess                           The Offshore Tax Solution                                                            Tax Audit!!!!!! Time to Absolutely Lose it?                          You Have Rights!                                                             Your taxation obligations                                                          Forests, Agri-Business, and Tax Schemes                 Tax Deductions                                                              Accountant Checklist                                                    Index                                                                               QTY: