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  1. Terry_w
    Thread

    Tax Tip 441: Borrowing Money from Parents to Save Interest Strategy

    Bank deposits give pretty low interest rates these days yet a lot of people keep large amounts of cash in term deposits. One strategy to...
    Thread by: Terry_w, 27th Jul, 2022, 10 replies, in forum: Accounting & Tax
  2. Terry_w
    Thread

    Tax Tip 262: Related Party Loan and Use of Offset Accounts: Major Tax Issues

    I have stumbled across a new situation concerning deductibility of interest. Son borrowed money from mum and dad who basically let the son use...
    Thread by: Terry_w, 18th Dec, 2019, 1 replies, in forum: Accounting & Tax
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