Passionate about investing and making money? Qualified accountants and tax agents at a Success Tax Professionals practice can help you:
Tax saving investments
Tax saving investments achieve the twin aims of saving tax and being an investment at the same time. The investments that can meet these twin objectives appear by far the most attractive and dazzling. The pros are clear; tax deductible (and saves tax), plus creates an investment (that will hopefully exceed initial cash outflows and continue to grow in value over time).
Tax saving investments only make economic sense if the investment grows in value (capital appreciation) each year, by an amount that is greater than the taxable loss less the tax refund received.