FMD’s
Never too early for tax planning
The last few months of the financial year see most people turning their business eye towards their tax planning. However, it is never too early to consider tax planning, even now over nine months from financial year end. The following items came about from a recent discussion with a client concerned about what the year […] Read More
Farm Management Deposit interest offsets
The Australian Taxation office as off 1st July 2016 introduced the ability to use Farm Management Deposits (FMD’s) as an interest offset against farm loans. The biggest benefit of such as scheme is seen where the interest rates on the FMD is less that the rate of interest being charged by the bank. In such […] Read More