How Timing Your Expenses Can Boost Your Cash Flow

Whether you're an individual or a small business, knowing how to time your deductions is a crucial way to maximise your financial growth.

Jeremy Iannuzzelli emphasises in this episode that by strategically spending money on necessary repairs and maintenance before the end of the financial year, individuals can potentially receive tax refunds sooner.

This is particularly beneficial for property investors looking to put their properties in a negatively geared position to obtain tax benefits.

Hold off on non-essential expenses until the end of the financial year to keep more money in your accounts and reduce interest payments.

For small business owners, Jeremy highlights the importance of timing deductions for equipment purchases, stock acquisitions, and employee bonuses before the end of the financial year to obtain tax benefits earlier.

To really get a full grasp of how to time your deductions, you need to click on this episode today so you can better prep your finances for growth!

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Website:
www.khipartners.com.au

Email:
jeremy.iannuzzelli@khipartners.com.au

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