Tax debt = interest free loan

Discussion in 'Accounting & Tax' started by legallyblonde, 1st Jul, 2016.

Join Australia's most dynamic and respected property investment community
Tags:
  1. thesuperman

    thesuperman Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    460
    Location:
    Australia
    Is there a certain amount before it kicks in that you don't have the option to elect annual payments?
     
  2. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    23,517
    Location:
    Sydney
    Yes. $8000 and other conditions

    Annual instalments

    The election must be made by the correct date or the offer is lost
     
    legallyblonde likes this.