Let’s face it.

Nothing is going to piss you off more than dumber people becoming wealthier than you, faster. That really sucks on many levels. Not just fairness. Or lazier people. Even if equally qualified people like you, are getting wealthier than you? Well, that’s just not on. Surely, you have wondered many times, “I should be able to do something about it!”

Well – what if there was a way?

Just so we are clear here. We are talking about creating passive income generating assets (PIGA) – using tax dollars. Instead of your salary getting paid to the ATO, those dollars go towards creating assets that can generate you passive income.

With the new tax brackets (and many even under the old ones), quite a few people are able to generate passive income this way. Managers tend to be on a higher salary. So, they get taxed higher. That means there are usually even more dollars available to create passive income generating assets (PIGA).

Why is it possible for you to generate passive income?

Governments have huge appetite for projects. Politics forces them to complete them. For instance, there is a housing problem in Australia. So, if you build houses, as everyone knows, they give you money back. Well, it’s not that simple. But you get what I am saying. So, just like that, there are other policies in place, that need funding. When you fund them, you get tax incentives and money back and so on. Makes sense, right?

Obviously, not everything is going to work for everyone.

We have come up with an easy way to find out whether you can use tax structures & use your tax dollars to create PIGA. Instead of paying taxes. We used to have a template that you could use to determine that. But, after a thorough round of feedback with clients, many seem to have found this (below) much easier & private v/s a fumbly template.

(Just remember, this only gives you a rough idea of whether or not you are likely to achieve passive income of 100k p.a. To know for sure, you need to talk to us or your accountant.. although if he/she has not mentioned passive income to you, maybe you should switch accountant?)

**All you have to do is answer these questions for yourself**

So here you go:

• Do you make over $150k?
• Or Combined income as a couple at $150k?
• Are you presently able to save $1-2k/month?
• Are you comfortable with investment principles e.g. it cost money to make money?
• Are you open to learning new tax strategies that convert tax bills into passive income?
• Are you committed to starting quickly (before the opportunities vaporise)?
• Have you combined different tax structures e.g. SMSF, Hybrid trusts, CGT minimising devices & others? (if the answer is ‘no’ here, we may be able to help you further)
• Have you just bought a few random shares and/or some property investment & don’t have an involved tax/wealth plan in place?
• Are all your funds tied into something already e.g. your primary residence? (if the answer is ‘no’ here, we may be able to help you further)

You want all (Except for the 2 “no” answers i.e. question 7 & 9 I mention above) your answers to be positive. That’s a good starting baseline.

Not all accountants are created equal. Otherwise, you would not still be reading. Many accountants are not proactive and will not highlight opportunities. Some may be able to do so. However, unless they specialise in creating passive income, they will still falter and fail to assist you in the end.

As a result, most find us to be the only ones they can turn to for help.

If that’s you, please don’t hesitate to contact us. Just complete this short form and we’ll be in touch – with likely, some great news too.