In Australia, high income earners have to pay nearly half of their income in tax to the government. But income tax is not where it ends. When you add various taxes like general sales tax (GST), capital gains tax, fuel tax, and Medicare levies, that figure can jump to well over 50%! With all these taxes combined, it is not difficult to see why Australia is seen as one of the countries with the highest tax rate in the world. Luckily, the right offshore tax advice can massively reduce your tax burden.
All of these taxes take a significant bite out of your take-home income. It’s no wonder that a lot of people are looking for ways to decrease the amount of tax they have to pay.
One of the most popular ways to save tax dollars is going offshore. Competitive international tax laws allow you to save a significant amount of money. Some structures lowering your tax burden to almost 0%!
However, creating offshore tax structures can be very technical with a number of potential pitfalls. Many individuals who try to do it themselves, don’t know how to navigate around these issues and often run into major legal problems.
WealthSafe are the undisputed offshore tax specialists in Australia. We are the only ones who specialise in both Australian tax and international tax, and know the system inside out. Over the last 20 years we have helped thousands of businesses and individuals to legally reduce their tax liability and save lots of money. We are the bona fide specialists in international tax advice.
Careful with your cash!
With the enormous tax burden people have to carry in Australia, many people are trying to find ways to lower their tax liability. They try everything. From submitting dishonest tax returns, to providing incorrect or incomplete paperwork. It seems absurd, but some people even work less in order to cut down on their taxes.
There is also a throng of supposed ‘consultants’ who claim that they can help you lower your taxes. However, many of these quick-fix ‘solutions’ are actually just glorified tax-evasion schemes that can get you in a lot of trouble with the law. When your entire financial future is at stake, can you really take these sorts of risks?
The right advice
Thankfully there are far better, 100% legal, ways to save tax dollars. WealthSafe offers offshore tax advice on real solutions that are completely above board and offer sustainable savings in the long run. One of the most effective ways to lower your tax is by going offshore. Companies like Apple, Amazon, Uber, and Facebook all use offshore tax structures to minimise their tax liability. often to almost 0%.
It’s not just large corporates that can benefit from offshore tax solutions. If you are earning more than A$150,000 per year, you too can reap the rewards of going offshore. Backed up by more than 20 years experience in international tax, we will give you expert advice, and guide you every step, from planning to saving.
At WealthSafe, we don’t offer packaged solutions that are one-size fits all. We take care in listening to your individual needs, consider your unique environment, and offer solutions that are best for you.
Tailored Tax Options
We analyse your asset bases and income streams, and use it to establish which international jurisdictions will be best for you.
Taking care of everything
Going offshore is filled with numerous perils and stumbling blocks. We know every single one of these and know our way around them. That’s why we set up everything for you — from creating 100% legal tax structures, to taking care of your transition overseas. When everything has been set up, we guide you through the process so that you know where your money is, what it’s doing, and how you’re saving.
Full Tax Compliance
Being 100% legal is a top priority at WealthSafe. It is thus crucial for us to ensure you comply absolutely with all the relevant local and international tax laws. We are specialists in international and Australian tax laws, so you can have complete peace of mind that everything is legal.
Our expertise at your service
Simply put, when it comes to international tax advice, we are the undisputed experts. WealthSafe’s CEO, Warren Black, is Australia’s foremost offshore tax specialist. He is a former ATO employee, and has more than 20 years experience helping people save money through offshore tax strategies.
To find out how we can help you lower your tax bill, call one of our expert consultants for a free, one-on-one initial strategy session. Let us show you just how much money you can save by looking overseas.
Complete the below form to discuss your options with us.
After a thorough analysis of your data and unique circumstances we advise you of all oppotunities. We guide you towards the best path and take control of implementation. Through every stage, we ensure full tax compliance and ongoing support.
It's a no-obligation risk-free assessment with a full money back guarantee (conditions apply).
Financially modelling your situation. We present your options and outline the possible tax savings.
We provide a written report with options to minimise your tax along with our recommendations.
WWe have a follow up meeting and create a strategic tax plan based on your choices.
We outline the process, costs and tax savings, and what you need to do from your side.
We fully implement your tax plan to ensure you meet all local and international legal requirements.
For those moving overseas to flee the Australian tax robbers, we help in the whole process from beginning to end.
Our service continues after we've implemented everything for you. We provide ongoing training to update you on changes as well as providing options to work with us on an ongoing basis.
Brilliant service!! Could not have asked for a better start to getting my business structure. This world is still completely new to me and I am very impressed with all the resources Warren and the entire team at Wealth Safe have provided to help me understand trusts
Living overseas, with no structures or assets in Australia anymore, it simply didn't make sense to keep paying into their tax system. Thanks to Warren and his team, they guided me through the process of setting up stable business structures, and making sure all the lawyers agreements and professional advise was documented. This ensured I met the obligations of the ATO and was 100% legally compliant with my obligations. I researched my options, and felt secure that WealthSafe took all precautions to ensure I was doing the right thing, and benefitting financially at the same time
After getting so much conflicting advice from other sources, we were completely confused. Being global business owners, we needed both Australian and international advice, so we reached out to War ren to help us understand exactly how we could structure our businesses to ensure we were well protected. It was vital to us that our future growth and decisions were taken into account. Not only did Warren give us the highest quality advice, and go above and beyond in ensuring we understood the full spectrum of what we were putting in place, but he has always been available for follow up questions, is always happy to get us on the phone for clarification, and he has shared the expertise in his team with us. At first, we have to be honest, we were really concerned about spending money on a consultation. The outcome is although not cheap, it is the best money we have ever spent. We can see significant savings, know we are structured well, have a fully dedicated and professional team behind us and have expert advice available when we need it. We can’t recommend Warren and the Wealth Safe team enough. Thank you
CV from Canada
He is very professional, knowledgeable and creative with his tax planning strategies, and very attentive in answering your questions and working with you to find the best set up for your individual situation. I feel confident working with him and his team, and his level of expertise is outstanding. I wouldn't trust any other company, and would highly recommend Warren Black and Wealth Safe to protect your assets
Although I thought the result I had figured out with my accountant were the most tax effective way I could setup myself up. I was in a position where I would have to pay 31k in tax. Warren found something in how I was setup, which turned my situation around to getting $15k returned to me. It's a $46k turn around.
Warren was able to set me up, and help me look forward to further tax reductions for the future. Also for improved asset protection. Warren also did bloodline wills for me and my wife. Full Review Here
I'm in the mining industry and run a small trading business. I had a tricky situation I had to get out of. I had default on my credit files. I got Warren on the job, he loves that sort of challenge. He didn't even charge me full price, he was excited at the challenge of helping me out. He succeeded and got rid of my default! I get Warren to do all my work now. I would recommend him to anyone
John G from Sydney
I run a small business. I was concerned about safeguarding my assets, myself and my family, and the amount of tax I was paying, but I also wanted to be legal and not get into trouble. Warren was able to provide me with a structure that protected me and my family and my assets and also helped to significantly and legally reduce the tax that I had to pay. Sure I had to pay and they aren’t the cheapest nor the most expensive, however it was well worth the fees paid. I certainly feel more comfortable and secure now
They were able to walk me through the whole process, even a tax dummy like myself.... I was very very impressed with the level of service. It was really end to end. They were always there to answer questions, help me complete paperwork and connected me with all the right people. I can't recommend Warren and Wealthsafe highly enough Full Review Here
Virna, Warren and the Wealth safe team have provided us with a professional and efficient experience helping us to identify and create a customised financial structure to suit our needs. They clearly have a great deal of knowledge regarding taxation in Australia. Also Warren's seminars have been of great help. We absolutely would recommend their services and are forever grateful for help and advise provided
I am a doctor (GP) who was making a good income, however, I was highly dissatisfied with the high amount of tax I was paying, and also feeling a little lost and frustrated in my life in general. I signed up to work with Warren and his team at Wealth Safe. It was one of the best things I have ever done. Firstly, I got quality advice on my tax and was restructured and legally was able to minimize my tax and get on top of it. Secondly, I joined his mastermind and got some personal mentoring, which was significant. It helped me shift a lot of mental and spiritual blocks, and financial imprints which seemed to be blocking moving forward and making major decisions. I learned also how to manifest and create what I wanted rather than what I don’t want, and I have even manifested a wonderful relationship with a very supportive partner. So all round, a great decision. Thanks Warren, and I would recommend Wealth Safe and Warren’s tax advice service and manifestation and imprint clearing to anyone!
I worked with Warren Black to open a Hong Kong corporation during the summer of 2018. Warren came highly recommended from my business contacts, who said that he was honest, trustworthy, and very knowledgable. I have to agree. My experience working with Warren was very good. Warren was extremely attentive to my questions, replying with solid answers in less than a day. He also took the time to explain options and rules in detail. When faced with some unique challenges that most businesses don't face, Warren was quick to roll up his sleeves, take action, and even put me in touch with his team so the process could move forward rapidly. This was above and beyond what I expected. To top it off, I found him very personable and really a pleasure to work with. If anyone is looking at a business entity in Hong Kong or Malta, I highly recommend Warren Black.
Warren, Virna and the team at Wealth Safe were fantastic in helping me set up multiple business structures overseas. They were always willing to have a chat on the phone whenever I felt like I needed extra help and they always replied quickly to my emails. The advice and structure set up was tailored to what I wanted to achieve and the whole process was easy and straight forward. I would 100% recommend utilizing their knowledge and expertise in setting up overseas and creating the life that you want to live :) I can't thank them enough.
Speak with our team about your tax situation and see how we can put more money in your pocket. See if you qualify for a strategy session to discover what we can do for you. Simply click the adjacent button and complete the enquiry form.