Quote:
Originally Posted by Unregistered
yes agree... $25k out my annual income in excess of $320k is not so much.... but i just asking if there are ways to further minimize it.. any general ideas?
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To arrive at $25k tax, the chargeable income will be around $220K.
To arrive at a chargeable income of $220k from annual income in excess of $320k, then your deductibles will be in excess of $100k... how many schooling kids do you have, mummy?