7 tax tips for the end of the financial year

End of Financial Year: 3 Tax Deductions Investors Miss

As the end of the financial year (EOFY) approaches on 30 June, Australian investors face a critical opportunity to optimise their tax positions. The EOFY is when many investors assess their finances and maximise available tax benefits. While common deductions, such as mortgage interest on investment properties and depreciation, are well known, several often-overlooked tax…

7 tax tips for the end of the financial year

Smart property investors use all the legal tax rules to minimize their cash flow leakage and maximise their deductions. The government encourages property investors to provide accommodation for those who need it by offering them a range of tax benefits. While most investors know about the typical tax deductions, such as interest on loans, repairs and management fees,...