Save Tax with a Bucket Company – here’s how
Using a bucket company can save you tax.
It is a legal way of distributing income to a company taxed at either 25% or 30% as opposed to an individual beneficiary that could be taxed at 45% plus 2% medicare levy.
These funds can then be used in another investment or business opportunity to further grow your wealth.
It is suitable for individuals who would otherwise find themselves in the top two tax brackets.