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Tag: Income Splitting

Income Splitting – New Rules from July 2021

Sliced orange and whole orange on yellow background, symbolizing freshness and vitality, relevant to discussions on income splitting and tax minimization strategies.

Are you interested in learning more about income splitting and how to minimise tax by apportioning income or profit between associated entities? Professional services firms frequently use income splitting – for example, medical, legal, financial or IT services firms. It’s a good way of reducing tax within the allowable provisions – so long as it […]