lana.graham's avatar
lana.graham
Icon for Xplan Product rankXplan Product
7 months ago

27th March AMA: I'm Lana Graham, Xtools+ expert and product manager. Ask Me Anything!

Xtools+ has helped countless advice practices work out solutions to their clients' financial problems – even for the most complex scenarios. Why not fully harness its potential and have a say in what...
advice production
xplan
shanae.gardam's avatar
shanae.gardam
Social Sightseer
6 months ago

Hi Lana, we would love to know if there is a way (or if it planned) to amend the tax rate of investment bonds in the modelling?  I appreciate they are currently 30% (which is the max) however many of the products/investments we use are closer to 20% and we would love to be able to reflect that.  Thanks :)

  • lana.graham's avatar
    lana.graham
    Icon for Xplan Product rankXplan Product
    6 months ago

    Hi shanae.gardam ,
    Some product providers have special investment options that structure the income for tax effectiveness in the bond environment. Eg income losses can offset gains year to year. The broad return assumptions set in your site won't line up with those products as they are more generic/diversified.

    It might help to adjust:

    • the returns - use the Custom option and adjust income, growth and franking
    • the taxable % of growth.
  • shanae.gardam's avatar
    shanae.gardam
    Social Sightseer
    6 months ago

    Our team would also love to know if in future, multiple offset/loan accounts are able to be used?

    • lana.graham's avatar
      lana.graham
      Icon for Xplan Product rankXplan Product
      6 months ago

      Hi shanae.gardam , 

      We have a Liabilities initiative proposed on our Roadmap, which would include the option to model multiple offset accounts. 

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