Are you expecting a drop in income next year?
Maybe due to maternity leave or redundancy?
Here’s how you can save BIG on tax!
Prepay up to 12 months of loan interest BEFORE June 30!
Why? If your income is higher this year but will drop next year, you can claim the deduction now—while you’re in a higher tax bracket!
More tax savings. Better cash flow next year. Smarter financial planning
But wait!
This only applies to loans for income-producing assets (like investment properties).
And it must be a prepayment of 12 months or less.
Timing is everything! Talk to your tax advisor and make the most of your deductions before June 30!
