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Although we are not accountants and we are not authorised to give tax and accounting advice we can help you to understand how our tax system works.

Do you know the difference between assessable and taxable income?  What do you understand about deductions? Have you ever wondered how much tax you are likely to pay over the rest of your working life.

The following link gives you a basic understanding of tax and offers a fairly simple formula to give you an idea of your likely tax payments over the rest of your working life.

Death and Taxes