Taxing times for investorsBY DON HAMSON | VOLUME 14, ISSUE 1  The ALP is proposing a raft of tax changes that will negatively impact after tax outcomes for many Australian investors should they be enacted. Arguably the most controversial ... Get articles like this delivered to your email - Sign up for the free weekly newsletter  More Articles |
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Moving mountains
MAGDELINE JACOVIDES
FOUNDER & FINANCIAL PLANNER
MAZI WEALTH
FOUNDER & FINANCIAL PLANNER
MAZI WEALTH
On top of running a successful practice, Mazi Wealth founder Deline Jacovides is a fierce advocate for closing the superannuation gender gap and has built a highly popular social media presence that takes financial literacy to the next level. She tells Karren Vergara where her passion comes from and how she integrates it all with family life.
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It's time someone rectified the tax problems and implemented tax reform. Labor's proposals mean higher earners will pay a fairer share on their higher incomes and will allow better delivery of services in health, education and welfare - all sorely needed. Investors will be OK - markets always are a bigger threat than taxes - and they should consider themselves fortunate to have funds to invest, unlike the majority of Australians.
And let's face it: we usually drive a truck through any tax regulation loopholes in aid of our clients, so far fewer are ever affected than the headlines would have you believe. Franking credit refunds are a good example. Not one of my clients will be affected - I have ensured that. Anyone who hasn't isn't up to their job.