Tax Secrets of the RICH and POWERFUL
Have you ever wondered what are the tax secrets that the rich and powerful use? Today I reveal these secrets that make the rich richer.
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What secret did you like best?
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🔥 Join Our Discord! The Rooshocks Discord allows me to answer questions about Business, Tax, Crypto and NFTs. It’s also the place where you can get up to date information on my NFT project, Rooshocks! - / discord
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🖼️ My NFT Project, Rooshocks - rooshocks.xyz/
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💼 How I Track My Crypto Investments for Tax Time
Crypto Tax Calculator - cryptotaxcalculator.io?fpr=xo5ak (Get 20% Off using the code BFF2020)
Koinly - koinly.io/?via=9B29D87A (Get 25% Off using the code 9B29D87A)
CoinTracking - cointracking.info?ref=E484421
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✏️ How I Track My Investments for Tax Time - portfolio.sharesight.com/refe...
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✍ Personal Finance Blog - ethanrooshock.com/
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📖 Chapters
0:00 Tax Secrets of the Wealthy
0:12 Tip 1
1:51 Tip 2
3:13 Tip 3
4:28 Tip 4
5:09 Tip 5
6:00 Tip 6
7:05 Tip 7
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Ethan 'Rooshock' (Rucioch) is an Australian business owner in his late 20's. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling, spending time with his family and watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even Ethan analysing some popular TV show businesses from an accountant’s perspective.
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✉ Email - ethan@rooshockaccounting.com.au
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Music - www.bensound.com
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Disclaimer
Every effort has been made to ensure that the information in this video is accurate. The information in this video and on this KZread channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial, legal or tax advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks NFT Pty Ltd or any other related party may receive a commission through these.
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#tax #taxsecrets #taxtips
Пікірлер: 26
Which tip was your favourite?
I’m enjoying your content. Any Novated Leasing of cars, Tax tips or implications from this would be an interesting topic for a video. Keep it up. Thanks 🇦🇺💰
@EthanRooshock
Жыл бұрын
Glad you're enjoying the content. A few people have asked for that. I'll add it to my list.
Hey there I watched your video and it's really insightful. Please do you can I claim transport fares to work places?
@EthanRooshock
9 ай бұрын
Have a watch of my videos regarding car expenses then you should be able to search on the ATO site about travelling between home and work.
Make a video about tax saving when owning a investment properties pls
@EthanRooshock
10 ай бұрын
I made one a couple months ago
Great info!
@EthanRooshock
Жыл бұрын
Glad you found it interesting!
KP is a great reference, what a weapon
@EthanRooshock
Жыл бұрын
KP?
@l33tmagepk6
Жыл бұрын
@@EthanRooshock Kerry Packer 😄
When you really work it out companies pay no tax if they have franking credits. It does not matter if company tax is 0% or 100% or 30%. once the shareholder gets the dividend they pay tax on their marginal rate and claim the franking credit back
@EthanRooshock
Жыл бұрын
Not how I would personally look at it. A company definitely pays tax. The individual then receives a tax credit and pays at their marginal rate less the tax already withheld. The company still needs to factor in the tax to their profitability, it is the individual who receives the benefit of the franking credits.
Wonderful
@EthanRooshock
11 ай бұрын
Cheers!
If you are employed at 300k aud and working from home, no travel and with no assets. How are you going to reduce tax substantially? 😂
@EthanRooshock
Жыл бұрын
Earn less money, easiest way to save tax.
audio
@EthanRooshock
Жыл бұрын
?
@maxwellmatches
Жыл бұрын
@@EthanRooshock Just had a little difficulty hearing you on that video.
@EthanRooshock
Жыл бұрын
@@maxwellmatches Thanks for the feedback. Hopefully the newer videos are a little bitter.
⭐️⭐️⭐️⭐️⭐️🙏🙏🙏🙏🙏
@EthanRooshock
Жыл бұрын
Cheers!