Online Test Banks
Score higher
See Online Test Banks
eLearning
Learning anything is easy
Browse Online Courses
Mobile Apps
Learning on the go
Explore Mobile Apps
Dummies Store
Shop for books and more
Start Shopping

Common Australian Tax Deductions for Share Investors

Part of the Tax for Australians For Dummies Cheat Sheet

If you’re a share investor, to qualify for a tax deduction with respect to dividend payments, a direct and relevant connection must exist between the expenditure you incur and the dividends you receive.

Here are some examples of the types of expenditure that meet this key test in Australia:

  • Interest on borrowings to buy shares that pay dividends

  • Internet access costs incurred for share trading

  • Newspapers and journals that provide information to manage a share portfolio

  • Travel expenses to consult with a stockbroker or attend a company annual general meeting

  • Add a Comment
  • Print
  • Share
blog comments powered by Disqus

SERIES
Tax for Australians For Dummies Cheat Sheet

Advertisement

Inside Dummies.com

Dummies.com Sweepstakes

Win $500. Easy.