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Reply: 1.1.1.1.1 From: Dale Gatherum-Goss Hi Laurie No unfortunately, this is part of the tax office's guidelines to work around the anti avoidance rules for tax. It makes sense though and so I'm happy enough to run with it if it will protect us. Have fun Dale

Reply: 1.1 From: Dale Gatherum-Goss G'day! Yes, prepaying interest is tax deductible in the year that it is actually repaid. Interestingly, there is now a question on the tax return that asks if you have prepaid interest which was not there in 2000. In theory, you should have a commercial...