Create Account Member Login

Interest Deductions - Redraws, Offsets and Refinancing

Register Me
Register Me
Register Team
Register Team

Interest deductibility traps exposed 

This training is recommended for all practitioners working in public practice.

A Live Instructor Led Webinar

Interest deductions are a hot-button issue, and the ATO is watching closely. When clients start redrawing funds, mixing personal and investment use, or tinkering with offset accounts and refinancing a loan, it’s dangerously easy to get it wrong. This can have a significant impact on their interest deductions. 

In this webinar, leading tax expert Michael Carruthers unpacks  common traps, misconceptions and other problem areas that arise when clients incur interest expenses. We walk through the areas where clients make mistakes and where accountants can provide proactive advice to improve tax outcomes for their clients.

Whether it’s a redraw gone wrong or a poorly structured refinance, the tax impact can be serious… and sometimes irreversible. If you’re not 100% confident explaining interest deductibility in these common scenarios, you can’t afford to miss this. 

Register Me

AU $195 members
AU $235 non-members

Register Me

Register Team*

AU $520 members
AU $595 non-members

Register Team*
Total 1.25 CPD Hours

Dates & Details

Recorded: 20 November 2025

 

*Office Registrations. Maximum 10 participants per firm (must have same email domain). The PD points for all attendees will be recognised and links will be provided to all attendees.

What we cover

In the Interest Deductions - Redraws, offsets and refinancing webinar we look at the most common problem areas that arise when clients incur interest expenses. We walk through the scenarios where clients tend to make mistakes and where accountants can provide proactive advice to improve tax outcomes for their clients. 

What's included?

  • 1 x 1.25 hour (est.) webinar
  • 3 month access to Q&A embedded webinar recording
  • Reference notes

This practical session covers:

  • Explain the basic principles applying to all taxpayers wanting to claim an interest expense deduction  
  • Explain the difference between a redraw facility and an offset account and the impact this can have on interest deductions 


  • Explain the impact refinancing has on the deductibility of interest expenses  
  • Identify key ATO compliance risks 

Our presenter

Tax Director, Knowledge Shop

Michael Carruthers

Michael CarruthersMichael is an adviser, author, in demand presenter, mentor to Knowledge Shop’s technical team, and is well known for his capacity to translate highly technical information into tangible and useable advice for the profession. He has a knack for seeing through the complexity and helping advisers work through highly technical issues with certainty and accuracy.

Michael works with advisers every day to help them negotiate and implement the constant tide of change impacting the industry.

He was a member of the advisory panel for the Board of Taxation, a member of the reference group for the Board’s review of small business concessions, and an expert panel member for the Board’s review of tax impediments facing small business.

Terms & Conditions
Each education service purchase is for your use only and accessible through your individual account. Each live online education service will be provided with a unique session ID to join which cannot be disclosed, forwarded, or distributed to any other individual without Knowledge Shop Pty Ltd's written consent. No other individual will be authorised to access your education service unless that individual has purchased the education service and a unique session ID has been provided to that individual. In the event of unauthorised access due to the actions of the intended recipient, Knowledge Shop Pty Ltd may suspend or cancel the access for the intended recipient any additional individual(s) may be held liable for additional fees associated with the unauthorised access to an education service. Knowledge Shop Pty Ltd reserves the right to charge any unauthorised individual(s) who access your education service. In the unlikely situation that a live education service is cancelled we will refund you the full cost of your purchase. If a live service is postponed, we will provide written notification to you and reschedule the education service. Your original ticket will be valid for the rescheduled date. We will also provide the recording and associated materials if you are unable to attend the education service live at the new date/time. If you are unable to attend the education service live at the new date/time, you may request a refund of the moneys paid by contacting Knowledge Shop Pty Ltd directly, with all requests to be considered on a case by case basis by Knowledge Shop Pty Ltd in its absolute discretion.

The General Terms and Conditions can be accessed here.