For anyone looking to minimise tax obligation I recommend reading up on discretionary trusts. Discretionary trusts can be tricky to understand for some but the major benefit of them is that they allow for income splitting. This basically just means income (capital gains, dividends, interest etc) can be taxed in different people's names. One common example is if you have a non-working spouse with no taxable income. You can take advantage of their lower tax rate instead of being taxed in your own name on a higher rate. I personally haven't paid a dollar of tax of my investing profits. Not providing advice here but happy to share my knowledge with any one interested.
