Permitted Business Add-backs
Maximizing borrowing capacity by adding back non-cash business expenses.
Core Assessment Analysis
Business owners often minimize their taxable income for tax optimization. Under bank credit guidelines, specific business write-offs are added back to your personal income distribution. Permitted add-backs include: 1. **Depreciation:** Non-cash assets write-offs. 2. **One-off Expenses:** Major capital or legal costs that will not recur. 3. **Excess Super:** Discretionary super paid above the legal mandate. 4. **Corporate Interest:** Interest paid on commercial loans that are self-funding.
Why Underwriters Focus Here
Underwriters look at the true cash-flow strength of the business rather than just the personal taxable draw.
Key Outcome Assessment Factors
Accountant declaration letters, business tax records, and the percentage of shareholding (must be >50%).
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Add-backs require certified accountant letters.
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