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As well as helping you to find the best terms for your loans we can suggest the most appropriate structure where relevant as well as helping you to take out your loan for the best time frame & to fix your rates on part of your loans to help you survive the inevitable future interest rate rises.
We are able to advise on which loans are right for your circumstances and our structured renumeration planning services have
access to ESP's which can be tailored to suit your needs.
By drawing on his taxation knowledge, David can advise you of the full taxation consequences of using single vrs split facility loans and the proper determination of deductability of interest on loans for funds used for investment/business purposes.
Remember it is not the security for the loan which is important but rather the purpose to which the borrowed funds have been used. Interest on funds borrowed for private purposes eg: to buy or renovate your place of residence, domestic or overseas holiday travel, buying the groceries for the family or reducing the home mortgage (while allowing the interest on a investment loan to capitalise), are NOT deductible.
If you are already involved in 'mortgage reduction' type loans which involve the above we can review and adjust your financing options to ensure proper apportionment between deductible investment/business interest and non deductible private interest.
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