Accelerate deductions

This standard strategy is even more attractive if you expect your tax rate to be higher this financial year than next.
Ways to accelerate deductions include prepaying eligible expenses and carrying out last-minute repairs to your properties.
Individuals can claim immediate tax deductions for the prepayment by June 30 of such expenses as loan interest and insurance, covering periods of up to 12 months.
See our free ebook on the top 24 tax strategies for property investors.



