Motor Trader’s Post

How is it possible when failing retailers can be bought in pre-pack administrations with no debt obligations or continue to run as normal until sold, yet the Government is considering options which transfer debt liabilities. Surely they just let the operating business's which carry the debt to go into admin and the Gov does a pre-pack with no debt...Why not?

Australia’s government is funding cheap loans to help low-income workers buy electric vehicles in a bid to kickstart slumping sales of battery-powered cars.

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Did you know that there are surprising tax benefits you can claim from the vehicle loan taken for your EV? These benefits fall under Section 80EEB of the Income Tax Act. In my latest video, I cover all the important information you need to know, including some common questions my clients have asked me. Whether you're considering an electric vehicle or already have one, this video is a must-watch to understand how you can maximize your tax benefits. Watch the full video to learn more and make the most of your EV investment! https://lnkd.in/gcMc5BXE #TaxBenefits #EV #ElectricVehicle #Section80EEB #Finance #TaxPlanning #GreenEnergy #SustainableLiving #CharteredAccountant #FinanceMonkeys #YouTube

Did you know that in Australia, the interest you pay on business loans can be tax deductible? 💡 This means you can potentially reduce your tax bill by claiming the interest charges on your loan repayments, as long as the borrowed funds are used solely for business purposes. Remember to keep accurate, organised records of all loan-related transactions, including loan agreements, statements, and receipts. A well-documented history of your loan-related expenses will make tax time easier and help you avoid issues with tax authorities! #BusinessTips #TaxDeduction #FinanceSavvy #AustraliaBusiness

From rising margins to auto loans and gold-related gains, licensed finance companies are gearing up for a big year. 🚀 With interest rates falling and market trends aligning, here's why this sector could be one to watch in 2025. 📈 #FinanceSector #MarketTrends #InterestRates #InvestmentOpportunities #StockMarketUpdates

Creating an Effective Debt Payment Strategy

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I think this plan is all smoke. Lowering monthly payments does make it more affordable but also allows people to take on more debt and that’s the reason we’re in financial trouble! #torontorealestate #BOC #BankOfCanada #InterestRates #HousingShortage #HousingAffordability #BuyingAHouse #CanadianRealestate