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Your personal debt such as mortgage, personal loans and credit cards is non tax deductible. So it’s important to reduce this debt as quickly as possible to avoid paying interest. Planning to pay off or reduce this type of debt can significantly increase your cash flow and disposable income.
We assist our clients get on track with their debt. We analyse your income and expenditure and determine where excess cash flow can be allocated to reduce your debt. We can set a plan and timeframes for you to follow and reduce unnecessary interest costs. In our annual review we check to see if you have met your debt repayment goals.
Our service includes looking at clients with lines of credit to ensure they are using them effectively or just building up more non-deductible debt.
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