A loan interest tax deduction is only available if borrowed funds are used for income-producing purposes. This article explains how redraw and offset accounts affect deductions and outlines common mistakes to avoid.
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A loan interest tax deduction is only available if borrowed funds are used for income-producing purposes. This article explains how redraw and offset accounts affect deductions and outlines common mistakes to avoid.
We are pleased to share that the team at Phillip Anthony Partners have merged with Paris Financial. Our team at Paris Financial can provide you with a large range of quality financial services with over 65 people located across two convenient locations in Blackburn and East Melbourne.
Paris Financial shares the same philosophy as Phillip Anthony Partners of providing a value focused and high quality service for each of our clients. We look forward to assisting with your accounting needs.