Reminder! EOFY Investment – 8 Investment Strategy Review Tips – End of financial year

Reminder! EOFY Investment – 8 Investment Strategy Review Tips – End of financial year

Reminder that there are only a few days left to review your investment strategy before End of financial year (EOFY) – an important  stage for all investors, as SOME actions MUST be taken before 30 June!!

Here are 8 tips for end of year investment planning to set you up well for the end of financial year.

1. Review Portfolio – the return generated is suitable??
2. Consider how your investments are structured – the best entity – personal, SMSF or trust or company etc

3. Capital Gain offset by concessional contributions to super

4. Capital Loss & Gains – solidify before 30 June if appropriate

5. Capital gains tax relief in pension mode in SMSF – watch pension balance cap – $1.9mill 23-24 and 24-25 years sell down exemption may apply

6. Bring-forward deductions/expenses – reduce high profit & tax – prepay interest etc
7. Defer taxable income – delay asset sale etc
8. Property Investments – private portion, costs captured, minor repairs, dealy large expenses etc

FULL detail list here

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