Forum Replies Created

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of vin16vin16
    Member
    @vin16
    Join Date: 2010
    Post Count: 3
    June 3, 2010 - 12:28 am

    Thanks Richard, I will speak to my bank today and have my loans split. I will submit these details to my tax agent.

    Profile photo of vin16vin16
    Member
    @vin16
    Join Date: 2010
    Post Count: 3
    June 3, 2010 - 12:06 am

    Thanks Dan, I have used $20k of the funds to pay off personal loans and invested $20k on an offshore land purchase.

    How should the interest be calculated on $190k, especially since the interest rate keeps changing. If I have been claiming tax on the full amount of $230k unknowngly , will it be questioned by the ATO? and how can one fix everything up.

    I don't want to provide misleading info and want to pay my taxes fairly.

    Thanks,

    Vinny

Viewing 2 posts - 1 through 2 (of 2 total)