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An Investor's Guide to Tax Time

She's On The Money

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How to Claim Interest Income Expenses

What you can claim is interest income expenses. So claiming a deduction for like a countkeeping fees that you incur on an account held for investment purposes, like a cash management account. You can also claim on charges or taxes on that account. For example, if you hold an equal share in an account with your partner, you can only claim half of that allowable account keeping fee. If you say borrow money to put into a literal investment, maybe like superannuation or something that can be considered. Not necessarily superannuation, but you can do it on property. That is claimable. And then also something that you're probably not going to come across on the podcast, just kind of

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