Hello and welcome back to the 360 Money Matters podcast! Today we will be talking about an investment vehicle that can not only assist in building your wealth or planning for a large expense but in a tax-effective structure.
For this episode, we’ll be talking all about this investment vehicle; Investment Bonds, not to be confused with bonds, corporate bonds, and government bonds. This tax-effective investment is taxed at 30% within the investment structure and will not incur a capital gains tax when held for longer than 10 years. This will also not form part of your tax return and all tax return and all taxes will be paid within the vehicle
By finding ways to ease the burden of tax whilst still investing, we can create more opportunities to build wealth and fund an expected future expense.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights:
• Investment Bonds
• Taxation rates of investment bonds
• Compounding Interests
• 10-year investment timeframe
• 125% rule for contribution limits
• Long-term commitment investment bonds
• Who this investment vehicle is best suited to
Things to consider when deciding if an investment bond is right for you
