Sydney, NSW -- (SBWIRE) -- 08/05/2010 -- Financial education is now rated as the most valuable employee benefit, particularly among people over 40.

All you have to do is take a walk through the workplace and listen to what people are talking about. You'll hear things like, is this investment better than that, should I buy property or shares, did you know that you can buy a property inside your super, what about negative gearing and salary sacrifice, should I put more money into super?

The impact of the global financial crisis has also created fear and uncertainty in the minds of most working Australians and reconfirmed the importance of financial education and advice. The fact is, personal finances can be scary and is complicated. It's made up of many different components from personal taxes and investment strategies to investment choice, finance and tax structures. And they're all intertwined. Each component impacts the other.

To make the problem worse, most professionals and senior executives lack the time and/or expertise to make the most effective financial decisions and as a result aren't achieving the financial and lifestyle results they desire. They know what they want to achieve, but they feel paralysed and frustrated and are crying out to their employers for help.

Workplace financial education isn't just about providing information. It gives employees the tools and confidence to make the right decisions to achieving positive financial outcomes which have a direct impact on their personal lives. Hence, it's a life benefit.

Tax Effective's Financial Wellbeing program provides employees with access to high level, quality financial education and services that create a win-win situation for employers and employees. By encouraging employees to achieve better financial and lifestyle outcomes employers are reaping the benefits of a more efficient workplace and this is sending a positive message to their employees.

Financial Education is fast becoming 'best practice' among industry leaders who want a productive and profitable workforce.

CEO Shahin Saracoglu comments:

"Our success as a business is the result of our focus on delivering high-quality Financial Education and exceptional customer service. We build a strong relationship with organisations and translate their needs and business objectives into an accessible program that will have a huge impact on the lives of their employees.

Now's the time for employers to invest in their staff and provide them with the tools they need to manage their money more effectively. In a competitive jobs market where skilled employees are in high demand, it's important to provide real life benefits which will help organisations attract and retain the best people which in turn help them achieve greater business outcomes."

Tax Effective Accountants
Level 12, 25 Bligh Street Sydney NSW 2000
Phone: 1300 399 829
http://www.taxeffective.com.au
Email address: coach@taxeffective.com.au

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

One of the most effective vehicles to use for asset protection is a trust. Trusts come in many shapes and sizes. And there is no ‘one size fits all’. The type of trust depends on many factors. The most common type of trust is a family trust.

Sydney, NSW -- (SBWIRE) -- 07/28/2010 -- A Trust is an agreement whereby a person or company (known as the trustee) holds money, property or runs a business for the benefit of others (the beneficiaries).

The trustee is the legal owner that is responsible for the day to day running of the trust and the beneficiaries hold the beneficial interest, i.e. beneficiaries benefit from the income generated by the trust.

So any asset held in a trust is legally controlled and owned by the trustee. However you control exactly how it's managed and which beneficiary gets what income or capital.

What is a FamilyTrust?

A Family Trust (also called a Discretionary Trust) is one of the most common trusts used by investors and small to medium business owners in Australia. They are generally set up to hold a family's assets or to conduct a family business for the benefit of family members (beneficiaries). The main reasons for setting a family trust is for tax planning, asset protection and estate planning.

Tax Planning

The trustee of the family trust has the discretion to determine which beneficiaries to distribute business income, investment income or capital gains too each year. This provides some good tax planning opportunities as income can be distributed to low income earning beneficiaries to utilise the lower tax rates.

Asset Protection

Any assets held in a family trust cannot be attacked by someone who wants to sue a beneficiary personally or in the event of bankruptcy as the assets are legally owned by the trustee not the beneficiary.

Any assets held in a trust can only be attacked by creditors of that trust. The trustee of a discretionary trust is liable for the debts of the trust e.g. to its creditors. If for whatever reason the assets of the trust are insufficient to meet the debts, the trustee remains liable. This is why it is recommended that a special purpose company with no assets be used as a trustee company for the trust. The trustee has no right to call on a beneficiary of a family discretionary trust to meet any shortfalls in the trust.

Tax Effective Accountants is Australia's number one choice for tax and wealth management solutions. Individuals and businesses rely on us with confidence.

http://www.taxeffective.com.au

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Timely, efficient and simple to use the Taxeffective.com.au online tax return service takes the hassle away from tax return preparation.

Sydney, NSW -- (SBWIRE) -- 07/28/2010 -- Having recognised how busy professionals are increasingly time poor and have a tendency to neglect their personal tax affairs, Taxeffective.com.au have developed an online tax service that is fast convenient and one mouse click away. So you can get your tax return complete no matter where you are in Australia.

The easy to follow 6 step process will ensure you submit the right documents with a comprehensive checklist and that any room for errors is completely minimised as your tax return will be completed by a senior accountant who will call you and ask you a host of questions. So if you've missed potential tax deductions your tax accountant will pick it up.

Your completed tax return will be sent back to you to check and once you're completely satisfied, simply sign the relevant marked pages and either email or fax it back to your tax accountant. Your tax return will then be electronically lodged with the Australian Tax Office.

http://www.taxeffective.com.au

Tax Effective Accountants is Australia's number one choice for tax return preparation. Individuals, investors, self managed super funds and businesses around Australia rely on us with confidence.

Press Contact:
Paul Coleman
coach@taxeffective.com.au

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Sydney, NSW -- (SBWIRE) -- 07/23/2010 -- For a limited time only tax effective accountants offer their financial health diagnostic to the Australian marketplace.

Have you ever wondered how smart and successful investors consistently make the right investment decisions and create substantial wealth? Well if you have and want to experience the same benefits and life-changing results then the Tax Effective Financial Health Diagnostic is the right place to start.

In just 60 minutes you'll discover:
- Proven strategies that are being used by some of Australia's most successful investors
- How you structure your finances and investments are as important, if not more than the actual investment and return on investment
- Investment and tax planning opportunities you're missing out on
- What's holding you back from achieving significantly better financial results

The Tax Effective Financial Health Diagnostic includes:
- A clear visual of where you are and where you're heading financially
- Sophisticated strategies to cut down your taxes
- Advanced investment strategies that can significantly build your wealth safely
- Powerful debt-reduction strategies that can pay off your home loan in 5-7 years

CEO Shahin Saracoglu comments "Our experience has shown us that until you have a clear visual of all the pieces of your financial puzzle, it's impossible to truly maximise your investments and drastically improve your financial situation.

That's why we're different. A team of tax accountants, wealth advisers, finance brokers, property and investment consultants who will look at every piece of your financial puzzle and present to you a detailed analysis with recommendations and next steps to improve your financial situation moving forward. It's proven to be a successful launch pad to financial independence for our sophisticated investors and we now encourage the Australian public to take the opportunity to experience similar benefits."

Tax Effective Accountants
We do it all - tax returns, tax advice, trusts & asset protection, self managed super, financial advice, lending, property investments, financial education and more.

For more information
Contact Paul Coleman on 1300 399 829 or email coach@taxeffective.com.au

http://www.taxeffective.com.au

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Sydney, NSW -- (SBWIRE) -- 07/23/2010 -- Tax Effective Accountants are pleased to announce the launch of their new website http://www.taxeffective.com.au .

New Features include Online Tax Return Facility, Ebooks, Podcasts, Corporate Video and our Financial Wellbeing blog.

The site has been designed to be user friendly and allow their clients and prospective clients to easily locate the information they're searching for quickly and efficiently.

The broad range of services they offer are split and categorised between three areas of their business - Personal / Business / Employee Benefits.

The Personal and Business areas are then presented in three distinct areas - What We Do (Services), Who You Are (Personal Situation) and Solutions For (Any Situation) to enable the user to see at a glance how the services and solutions can fit with their personal situation.

The site has been set up to be a rich resource for their valued clients and the wider community who wish to receive the latest financial insights, incisive opinion and valuable resources such as free e-books, podcasts and the latest tax and investment strategies. The aim is to help people make informed financial decisions and to enable people to meet their personal and financial goals.

CEO Shahin Saracoglu comments "As our business expands and the breadth of our services increases, we needed to reflect this growth in improving our website whilst meeting the demands of our increasingly web savvy audience who want an easy to navigate, no jargon website and financial resource centre.

We're continuously looking at improving our web audiences experience and maintaining our reputation as Australia's number one choice for Tax and Wealth Management advice. "

Tax Effective Accountants
We do it all - tax returns, tax advice, trusts & asset protection, self managed super, financial advice, lending, property investments, financial education and more.

For more information
Contact Paul Coleman on 1300 399 829 or email coach@taxeffective.com.au

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm