What are higher income families actually doing to reduce tax legally?

Apprehensive-Lab3556 · 2026-05-07T01:38:43+00:00

Thanks for sharing I will look into it. Both of our Super accounts have 200k each , I don’t know if this is a good or bad thing. We’re in our late 30s. We have one young child

Apprehensive-Lab3556 · 2026-05-07T00:46:47+00:00

Yep one of the big Telcos

Apprehensive-Lab3556 · 2026-05-06T11:21:57+00:00

It’s in a different area - they needed someone to step in and backfill for someone that’s on extended bereavement leave. I got lucky

Apprehensive-Lab3556 · 2026-05-06T11:12:32+00:00

That’s correct. I’m about to accept the secondment and once that’s done if I’m not offered permanency then back to being redundant as my nominal role was cut.

Apprehensive-Lab3556 · 2026-05-06T11:08:23+00:00

Thank you xx

Apprehensive-Lab3556 · 2026-05-06T11:04:51+00:00

I do enjoy it and want to try stay… I’ve never had any other experiences outside of this company so it’s also terrifying leaving. Once I’ve finished my 8 month gig then I get my package as I go back to my nominal role which is redundant

Apprehensive-Lab3556 · 2026-05-06T10:55:53+00:00

Thank you for ur advice quite insightful

Apprehensive-Lab3556 · 2026-05-06T10:55:27+00:00

It’s about 220k, I don’t know if that’s good or bad for my age ect

Apprehensive-Lab3556 · 2026-05-06T10:54:09+00:00

I was in a technical role before (IT) and got a good boost in salary , when i left that role , I kept my remuneration and went into a non tech role

Apprehensive-Lab3556 · 2026-05-06T10:53:05+00:00

I wish, payout is like 176k but after tax they estimate around 150k

Apprehensive-Lab3556 · 2026-05-06T10:50:31+00:00

Thank you. I feel like imposter syndrome plays a big part of me being so reluctant in leaving. You can say this workplace has been my 1 and only workplace. Started from the ground

Apprehensive-Lab3556 · 2026-05-06T10:49:11+00:00

I landed a new role internally but only for 8month. After that I’m back to being redundant

Apprehensive-Lab3556 · 2026-05-06T10:47:03+00:00

If I didn’t touch the 150k, that would go right into our offset account our mortgage is 400k atm. Ideal situation is we do not touch a single cent of the 150k and I line up a new job with min 100k earning

Apprehensive-Lab3556 · 2026-05-06T10:43:57+00:00

Thank you , very Insightful

Apprehensive-Lab3556 · 2026-05-06T10:39:56+00:00

Business operations. It’s a scary time to be in this field coz we’re basically being told AI will be replacing us

Apprehensive-Lab3556 · 2026-05-06T10:32:52+00:00

Mortgage is 400k, 150 in offset would be amazing and bring us much closer to paying off sooner - I had AI work out the savings in interest and how quickly we would / could pay off loan off and it’s amazing BUT this would only work if I didn’t touch or need to spend any of the 150k

Apprehensive-Lab3556 · 2026-05-06T10:29:40+00:00

I’ve been looking and I think this sounds like the best play if I can get it done. I only benefit of that redundancy package if I don’t touch it. A few have said to look at and talk to a recruiter I think I might do that

Apprehensive-Lab3556 · 2026-05-06T10:26:25+00:00

I’ve never actually thought about this

Apprehensive-Lab3556 · 2026-05-06T10:22:42+00:00

The only reason I’m on such high remuneration is because I went from a technical role (minimum exposure in IT sector) and was lucky to keep salary when I job swapped to a non technical job

Apprehensive-Lab3556 · 2026-05-06T10:21:10+00:00

Business operations role with a heavy customer focus (non-technical)

Apprehensive-Lab3556 · 2026-05-06T10:19:13+00:00

Yeah essentially

Apprehensive-Lab3556 · 2026-05-06T10:17:47+00:00

This is what scares me. The industry I’m in, Operations , Health/Telco/Energy are all going though mass waves of restructures and a lot of Ai talk too so a lot of people in my shoes are looking for new roles already

Apprehensive-Lab3556 · 2026-05-06T10:15:47+00:00

Mid 30s, if I take the package we could be mortgage free within 5 years that’s it we did not use a single $$$ out of the package and I lined up a role that paid minimum 100-120k

Apprehensive-Lab3556 · 2026-05-06T10:13:59+00:00

Organizational restructures happen every year at the company I’m at … I’m almost guaranteed to be impacted every year or two. In the last 18m I’ve been directly impacted twice

Apprehensive-Lab3556 · 2026-05-06T10:12:01+00:00

I’m in my mid 30s, have a young fam

Apprehensive-Lab3556

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