Apart from the usual general tax planning strategies (eg. incur business expenses prior to 30 June to claim a tax deduction this financial year), there are only 2 main ways to reduce your tax: Increase superannuation contributions and Prepay interest on borrowings for investments before 30 June. This blog will focus on this second item. With … Continue reading Tax Planning Strategy #2: Big tax refunds for prepaid interest for a capital PROTECTED share portfolio