Proper structuring of your financial affairs is very important to ensuring that you do not pay tax unnecessarily. Without a proper consideration of which are the appropriate entities from which to invest, you may inadvertently create very large capital gains tax liabilities over the long term which diminish the ultimate value of your investments.

Depending on your personal circumstances, appropriate investment vehicles may include a discretionary family trust or self-managed superannuation fund. Similarly, appropriately structured ownership of a business may be necessary to ensure that you qualify for capital gains tax concessions.

Inappropriate ownership of investments or businesses may also lead to the inability to offset any losses against other investment income.

A thorough analysis of your tax affairs can identify areas that may be structured much more efficiently.