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Please answer as soon as possible Mr and Mrs Naidhean investment property that they boughton 1 Inn, 2017 5450.000 clusive of Behold land valued at
Please answer as soon as possible
Mr and Mrs Naidhean investment property that they boughton 1" Inn, 2017 5450.000 clusive of Behold land valued at $100000 Thury have a home loan more of 5290,000 with ANZ. The interest rate for the home in more 3.24 They also have $150,000 in the savings accountry earning them 0.25% interest ANZ Mr Naidu has been questing Me Naidu to pay the 5150,000 into the home loan count w bring the home loan account down try $150,000. Me Naidu is very reluctant to do this and indicates he likes to see money in his savings account The investment property is earning profit before tax of $12,000. The depreciation rate is 2.5% straight line and the property has an expected life of 30 years with a 5650000 residual value. The tax rate is 20% on profit and 1046 on capital gain With the current COVID 19 pandemic and high level of uncertainty inflation expected to increase Globally by 6% and the Fiji dollar expected to weaken against its trading partner, Mrs Naidu hears about you doing AF20B and comes to you for some advice (10 marka) Mr and Mrs Naidhean investment property that they boughton 1" Inn, 2017 5450.000 clusive of Behold land valued at $100000 Thury have a home loan more of 5290,000 with ANZ. The interest rate for the home in more 3.24 They also have $150,000 in the savings accountry earning them 0.25% interest ANZ Mr Naidu has been questing Me Naidu to pay the 5150,000 into the home loan count w bring the home loan account down try $150,000. Me Naidu is very reluctant to do this and indicates he likes to see money in his savings account The investment property is earning profit before tax of $12,000. The depreciation rate is 2.5% straight line and the property has an expected life of 30 years with a 5650000 residual value. The tax rate is 20% on profit and 1046 on capital gain With the current COVID 19 pandemic and high level of uncertainty inflation expected to increase Globally by 6% and the Fiji dollar expected to weaken against its trading partner, Mrs Naidu hears about you doing AF20B and comes to you for some advice (10 marka)Step by Step Solution
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