my husband is on highest marginal tax rate. Needs to put aside 46.5% earnings for tax bill and also BAS. Me - on 30% tax rate, perhaps less this year. I have an IP (don't ask), and have a variable offset loan. Is it better to: 1. Put hubby's tax money into a high interest savings account (e.g.BankWest) under my name to earn interest OR 2. Plant the savings into the offset account to reduce the interest payments. The interest is tax deductible for me, but I am paying a lot less tax than I used to, and this might help with the strata fees etc as when those things are taken into account I am not really gaining much from having the IP. (I do plan to sell it when the time is right) I need a financial advisor or an accountant. But until then, could somebody clever help with this issue?