Need a Tax Deduction pre 30 June?
A prepayment of next year’s investment loan interest can bring forward a tax deduction to this year rather than wait until next year. Right now we have access to some very attractive lending rates for borrowers who wish to take advantage of a voluntary pre-payment of interest on their investment loans.
With interest rates at historical lows, what better time is there than now to fix a rate for 1 year, prepay interest and claim a tax deduction.
Applications for this product are strictly for a limited time only and must be settled by 29/05/2015. (specific lenders terms & conditions apply).
As always please feel free to call us at any time if you wish to review your existing loan facilities or if we can be of any assistance sourcing new finance for you.
Adrian Rogers - Director / MFAA Credit Adviser
Peter Cleary - MFAA Credit Adviser
Until next time...