Why 77% Of Business Owners Overpay Tax And How To Fix It

Are you paying more tax than you should? 77% of business owners operating through trusts and companies have not optimised their structures in the last 12 months. This means they pay corporate or personal tax rates higher than necessary. In this video, I break down the four pillars of structure optimisation based on working with thousands of clients who have built over $3 billion in combined wealth. Key Takeaways: Entity architecture matters. Individual, trust, company or super. Each has different tax implications. Choose wrong and you pay more. Trusts offer flexibility. Distribute income to lower tax rate family members. Potential savings of $30,000 to $80,000 annually. Companies retain profits at 25% or 30%. Better than paying 47% personal tax. Use a bucket company if you have no family to distribute to. Separate business from investments. Your business has the highest litigation risk. Never own property inside your trading entity. Superannuation is the most tax effective retirement structure. Use it. Diversify internationally. Australia is 2% of global markets. Do not invest only in your backyard. Real example: Client James had $1 million profit at 47% tax. We distributed $200,000 to his spouse at 19%. Tax saved: $56,000. Complete the free Financial Performance Scorecard to see where you stand. Link below. Follow me: Instagram: @jacksonmillan_ TikTok: @jacksonmillan_ Facebook: Jackson Millan Wealth Mentor Click link in bio. #taxoptimisation #businesstax #wealthmentor #taxstrategy #structureoptimisation

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