If you’re single or both you and your spouse fall under the highest tax brackets, you may want to consider establishing an investment company.

This type of company is subject to a flat tax rate of 30%, which can be reduced to 25% if the company earns at least 20% of its income from non-passive sources and has an annual turnover below the small company threshold of $50 million.

This can be a highly effective strategy for minimising your tax payable, especially if you have a significant amount of investment income that you’re looking to protect.