Growth Equities
Accumulation Limited has been specifically established
to suit investors who pay 30% income tax or more (i.e. earn
taxable income of more than $34,000 per annum). Investors
receive any returns from an increasing share price with some
dividends.
This investment company reinvests most of its profits to
grow the value of its investors shares rather than distributing
high levels of dividends. The payment of dividends to those
who pay more than 30% tax will cause them to pay top-up-tax
from the 30% franking level up to their highest marginal rate
or tax.
This strategy harnesses the power of compounding returns
after a low corporate tax rate rather than high personal rates. |