From: Simon and Julie M
Hi all
Does anyone know whether the cost of refinancing is tax deductible? That is, if you choose to move your debt and/or funds from one financial institution to another for the purpose of further investment, is the penalty pay out on settlement considered a deductible expense.
Regards
Simon
Hi all
Does anyone know whether the cost of refinancing is tax deductible? That is, if you choose to move your debt and/or funds from one financial institution to another for the purpose of further investment, is the penalty pay out on settlement considered a deductible expense.
Regards
Simon
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