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  • Profile photo of vegemitevegemite
    Member
    @vegemite
    Join Date: 2003
    Post Count: 3
    December 22, 2003 - 3:22 pm

    Thanks everyone for your advice.

    I will have to do some serious thinking before I ‘take action’.

    Merry Xmas Everyone[:)][:D]

    Profile photo of vegemitevegemite
    Member
    @vegemite
    Join Date: 2003
    Post Count: 3
    December 18, 2003 - 8:32 am

    Many thanks for all the replies.

    My company operates as a business and is ‘attached’ to a family trust.

    I do not intend to deal in any ‘grey’ areas but at the same time I would like to minimise the tax and it is only 6 months left of this financial year so I intend to be out early.

    Someone adviced me to buy a property and simply move into the house and pay my company rent.

    Not sure if that is the best way.

    At the same time my ‘gut’ feeling tells me that there will be A LOT of buying opportunities within the next 12 months as I strongly believe that the RB will increase the interest rates more than we all expect.

    Any comments are most welcome.

    Many thanks[:)]

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