Founder and Chief Executive Officer | SMSF Association Fellow – SMSF Specialist Advisor | Neo Super SMSF
Has Division 296 hit a roadblock? LRBA interest rate rises, the importance of BDBNs and the NALE Bill finally gets over the line. Great read below from our Director of Technical Services Nicholas Ali.
Has Division 296 hit a roadblock? LRBA interest rate rises, the importance of BDBNs and the NALE Bill finally gets over the line.
🗓 OCTOBER RATES Prime Rate = 8.00% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.38% [October 1–December 31, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."] #sbalending #sba7a
The 2024 TPI Local Index scores are out! Visit https://buff.ly/3Xu0XTX to see how your Local Authority compares to the rest of England. #ThrivingPlacesIndex24 #ThrivingPlacesIndex
MAY RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.25% [April 1, 2024 - June 30, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."]
FEBRUARY RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.88% [January 1, 2024 - March 31, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."] #sbalending #sba7a
APRIL RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.25% [April 1, 2024 - June 30, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."] #sbalending #sba7a
MARCH RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.88% [January 1, 2024 - March 31, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."] #sbalending #sba7a
JUNE RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.25% [April 1, 2024 - June 30, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."] #sbalending #sba7a
#UnionBudget2024 With increased taxes on LTCG & STCG and reduction in gold import duty, it seems like govt is doing reverse financialisation, thus promoting gold over equities. *Negative for Equity and SGB Investors. *No indexation anymore, even bad for Real Estate.
FBR expected to reassess the property value in July 2024. The revised FBR rates will be near to market value. #incometax #property #realestate #Pakistan
