TAXPL014 Tax rules do not treat all income equally (508 words)

This article explains how investments and structures are taxed differently. It focuses on ownership, structures, and timing.

Anyone who has completed their own tax return will know that the tax office treats different types of income differently. Bank interest is recorded in one section, dividends from shares in another and managed fund distributions somewhere else. And unless you are taking a pension or lump sum from your super, you don’t need to include your earnings on those funds at all.

The most common tax benefits are: