Maximise Your Wealth with Expert Investment Strategies
Unlock the Full Potential of Your Investments
At NexGen Business & Tax Services Chartered Accountants, we go beyond traditional accounting to provide comprehensive tax planning and investment strategies. Whether you’re looking to grow your portfolio, minimise your tax burden, or safeguard your assets, our seasoned experts are here to guide you every step of the way. Let’s make your money work harder for you, so you can achieve your financial goals with confidence.
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Diverse Investment Strategies
Explore diverse investments with tailored strategies in real estate, digital assets, and cash flow. Achieve growth and financial stability with our expert guidance.
Property Investments
Build wealth through smart property investments. We help you optimize your portfolio for rental yield, capital growth, and tax benefits, ensuring every opportunity is maximized.
Crypto Investments
Navigate the volatile world of cryptocurrency with expert guidance. We simplify tax reporting and offer strategies to optimize gains and manage risks in your digital assets.
Shares & Managed Funds
Achieve great returns while optimizing your tax benefits with our comprehensive tax strategies for shares and managed funds.
Optimize Cash Flow
Enhance your financial flexibility with effective cash flow strategies. By adjusting tax withholding and managing deductions, we help you access funds throughout the year to reduce debt or reinvest.
Property Investments
It’s no secret that property investment has been a preferred choice for Australian investors for decades. With just a 5-20% deposit, you can start a journey of steady rental income, enhance value through renovations, benefit from capital appreciation, and have the flexibility to leverage equity when needed.
Whether you’re a seasoned investor or stepping into your first property venture, our expertise is at your service. Our approach is tailored to your investment goals—be it prioritising rental yield, negative gearing, capital growth, or a balanced combination. We align our tax planning strategies with your objectives, ensuring you maximise your deductions at every opportunity, from mortgage interest to property depreciation.
- Optimal Property Ownership Structures: Know the best entity to purchase your property under.
- Family Property Trust Setup: Learn how to establish your family property trust effectively, ensuring it aligns with your wealth preservation.
- Increase Cash Flow
- Depreciation Deduction Maximisation: Increase non-cash deduction which are paramount for tax minimisation.
- Tax Implications Advisory: Tailored advice on the tax implications of your property investments, including capital gains, income tax, and GST considerations.
- Land Tax: Navigate the complexities of land tax and its implications on your property investment strategy.
- Borrowing Strategies: How to borrow to maximise your interest deduction.
Not only that, but we also offer a comprehensive review of your prospective property investment. We’ll provide insights into how rental income and expenses will influence your tax position in the years ahead, ensuring you make informed decisions that align with your financial goals.
Crypto Investments
We understand it’s volatile but as the cryptocurrency market flourishes, opportunities in Bitcoin, Ethereum, NFTs, and other digital assets are transforming the investment landscape. As you navigate this digital terrain, it’s crucial to have a partner who understands the intricacies of crypto investments and tax implications.
At NexGen Business & Tax Services Chartered Accountants, we understand that they are known for their volatility, often leading to frequent trading activities. It’s important to note that every exchange involving cryptocurrencies, whether between cryptocurrencies or to fiat currency, typically triggers taxable events. We can provide you with tools to simplify the calculation of gains or losses from these transactions.
Tracking your investment performance involves more than just monitoring gains; recognising losses is equally important. These losses can be strategically carried forward, offsetting future capital gains and minimising your tax position.
Partner with us for a seamless cryptocurrency investment experience. We’re committed to making your journey in the digital asset space headache free.
Shares & Managed Funds
Achieving a great return on your investments in shares and managed funds is important, but so is understanding the tax implications to ensure full compliance and to optimise your tax benefits.
In line with the investment services mentioned above, we assist with: Tax-Efficient Holding Structures, Maximising Tax Deductions, Capital Gains Tax Strategy, Dividend Taxation, Managed Fund Distributions and Tax Loss Harvesting,
For example, at NexGen Business & Tax Services Chartered Accountants, we understand that omitting dividend reinvestment plans (DRP) from your tax return can lead to penalties and interest from the ATO, but more significantly, not tracking DRP can result in a higher capital gains tax liability when the investment is eventually sold. Our goal is to ensure that you are well-informed and prepared for these tax considerations.
Optimise Cash Flow
If you consistently have high rental/investment deductions, we can help you to adjust the amount of tax withheld from your salary throughout the year. You can reduce the amount of tax withheld from your regular income, providing you with increased cash flow throughout the year rather than waiting for a tax refund at the end of the financial year.
Don’t use the ATO as a piggy bank, optimise you cash flow, use surplus funds to reduce your home loan for example. Ask us how.
Common questions
Frequently Asked Questions
Q: How does cryptocurrency trading affect my tax obligations?
Each trade or exchange involving cryptocurrencies can trigger a taxable event. You’ll need to calculate capital gains or losses for each transaction, which can affect your overall tax liability.
Q: What is negative gearing, and how does it impact my taxes?
Negative gearing occurs when the investment expenses exceed investment income. This loss can be deducted from your other income, potentially reducing your overall tax liability.
Q: Can I offset crypto losses against other income?
In certain circumstances, you may offset crypto losses against other income. Reach out to us to review your eligibility.
Q: Can I use a family trust for investing in shares and managed funds?
Yes, a family trust can be an effective structure for holding investments in shares and managed funds, offering potential tax advantages and asset protection.
Q: How can I maximise my tax deductions from share investments?
Q: How can I use capital losses to reduce my tax?
Capital losses from investments can be carried forward to offset future capital gains, reducing your taxable income in subsequent years.
Got questions?
Fire away. Whether it’s about slicing your tax bill, protecting your investments, or setting up for retirement, we’re here to chat. No jargon, no runaround – just straight-up advice that makes sense for you.
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