how redraw and offset accounts can save you money Offset accounts and redraw facilities work in similar ways; they both allow you to reduce the balance of your home loan, and therefore the interest charged, by applying extra money to your debt. Redraw facilities allow you to deposit spare income into your home loan … More How Offset & redraw account work
Hi all, You should soon receive your PAYG payment summaries from your employers by mid August. Once you have received this please contact me to organise and appointment time to sit down and complete your income tax returns. It would also be a good time to review your financial position and possibly your mortgage rates. … More TAX Time
Income Tax Return Checklist – Individuals
From 1/7/17 Employers with more than 20 employees will need to report PAYG withholding and FBT directly through their payroll programs to the ato.