The end of the 2014/15 financial year is fast approaching, so now’s the time to review what strategies you can use to minimise your tax.
- Prepay Expenses and Interest
Expenses relating to investment activities can be prepaid before 30 June 2015. You can prepay up to 12 months of interest before 30 June on a loan for a property or share investment and claim a tax deduction this financial year. Also, other expenses in relation to your investments can be prepaid before 30 June, including rental property repairs, memberships, subscriptions, and journals.
Contact us before the 30 June 2015 deadline for assistance to reduce your tax!
Email: [email protected] or call Julian on 0408033696
This information is general nature and does not take into account your individual needs and objectives.
Please do not act on any information before seeking advice from a qualified Accountant and a licensed Financial Planner.
