Wondering how to pay off your home loan sooner? We look at some things you could do. Australian home loan interest rates remain at historic lows, and the opportunities for paying off a mortgage early are better than ever.
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Month: August 2016
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Managing your debtors
Do you have a lot of debtors over 90 days? We recommend you work to minimize the debtors you have over 30 days, so that it becomes a very small percentage.
CONTINUE READING Managing your debtors 3 min read
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Get your tax money now
The majority of property investors look forward to tax time, gathering their information together as quickly as possible so they can get in to see their accountant and receive their tax refunds from their negatively geared properties, but what if I told you that you didn’t need to wait until tax time to get this money?
CONTINUE READING Get your tax money now 2 min read
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Do you have your Estate Planning up-to-date?
Long gone are the days of preparing a will and locking it away in the safe or bottom drawer! Whether it be at the completion of this years’ tax return, or when you change the batteries in the smoke detector, every year you should dust off your estate plan and update it for the inevitable changes that most likely will be needed.
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Trusts – You Must have a Corporate Trustee
he last 3 decades have seen a substantial growth in the number of people in Australia establishing trusts. The benefits of such an arrangement have been largely touted by professionals around 2 areas – asset protection and tax benefits.
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Estate Planning Back in Focus
New legislation is being developed to give Victorians greater control over what medical treatment they receive in the future. Some of the key changes that have been proposed include;
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Cash rate reduced to historical low of 1.5%
Earlier this afternoon the RBA reduced the cash rate to a new all-time historical low of 1.50 per cent.
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Asset Protection Strategy – Gift & Loan Back
Asset protection strategies for our clients are a very big issue. At Paris Financial we lead the way in structuring our clients for asset protection and tax effectiveness. Many business owners and high wealth clients benefit from the structures we put in place for them, providing protection for their assets and ensuring substantial tax savings over the long term.
