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Articles by McKinley Plowman

Tax Efficient Investment Opportunity with Capital Protection

March 22nd, 2014

The MP Financial Planning team have been researching innovative tax efficient investment strategies to build wealth and have identified a unique opportunity with key benefits as follows: Direct Share ownership to access capital growth and dividend income Borrow 100% with loan protection Pre-pay interest and receive a tax deduction this financial year No margin callsread more

Smart End of Year Financial Strategies

March 18th, 2014

Pre-Pay Income Protection Premiums and reduce this year's tax If you are employed or self-employed, pre-pay 12 months income protection/salary continuance premiums and bring forward your tax deduction to this financial year. Don’t have Income Protection insurance? At age 40, there is a 48% chance you will have a serious health event ie Death/Disability/Trauma.  Weread more

7 Tax Tips for Property Investors

March 14th, 2014

Now is the ideal time for you as an Individual to review your investment situation and take the opportunity to minimise your tax obligations. Here is a list of tax tips for property investors; 1. Renovations by previous owner – You may be eligible for a deduction for depreciation on the cost of improvements completedread more

Prepay Interest and Minimise Tax with Interest in Advance

March 1st, 2014

As the end of financial year approaches, investors start to consider their investment and tax strategies. One strategy available is prepaying interest, known as interest in advance. Interest in advance is - fixing the interest rate on an investment loan at a discounted rate for 12 months and paying the interest normally incurred throughout theread more

McKinley Plowman Newsletter – February 2014

February 28th, 2014

Click here to jump straight to the newsletter. Welcome to the new year and McKinley Plowman's February 2014 Newsletter. As each year comes to an end most people like to look back at how their year was, and then to look forward to see how they can make the next year even better. We do thisread more

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