finance Tag

Welcome to our latest Q&A episode, where we tackle four insightful questions sent in by one of our clients.

In this episode we explore the concept of making extra repayments on an investment loan with an offset account. Does it make sense to pay more into the loan account if you already have funds in the offset? We discuss how this may change whether your loan is interest only or principal and interest.

Capital gains tax greatly influences the money you get after selling your investment property. It's the tax charged on profits when you sell the property for more than its initial purchase cost. Often, people are taken aback by the extent of these taxes, not realising it can quite heavily cut into their net profit. However, armed with this knowledge ahead of time, you can better plan your investments and sales. Now, let's delve deep into understanding capital gains tax.