How to minimise tax with high income producing assets?

There could be other strategies that do not involve CGT and duty. Retention is one. Depending upon the taxpayer age contributions to super could "bank" sizeable amounts into a low tax rate environment and reduce personal tax.

 

Thanks for that, can you tell me where I can find more information on what you are proposing please?

 

As its financial advice you may need to read up on superannution contriibutions. Subject to age and other factors super contributions are to be universally deductible in more instances after 30 June. While caps limit the amount/s a strategy to gradually get a benefit and accumulate wealth in super gives a tax benefit with and without other issues. (eg cant borropw against equity etc)

It seems some tax planning advice may help. Tax planning may help identify a range of strategies to consider