Tax Variations

What are the actual costs associated with my investment?

This is one area that confuses a lot of first time investment novices. You will need to secure the services of a skilled tax accountant once you decide to establish a property portfolio you are able to apply for a ‘PAYG - Income Tax withholding variation’.

This allows investors to use the benefits and tax deductibility of their investment NOW rather that later.

In other words, instead of waiting until the end of the year to claim the tax deductible expenses that relate to your investment, you can lodge a ‘variation’ which will allow you to pay less tax on a week to week basis… thus allowing you to use the extra cash to help offset the holding costs associated with this investment.

Please see your accountant or call members services to obtain an introduction to a qualified tax accountant.