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Dollar percentage you can claim on tax with IP's

Discussion in 'Accounting & Tax' started by Ethan_89, 24th Dec, 2015.

  1. Ethan_89

    Ethan_89 Member

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    Approximately how many cents to the dollar can you claim in tax on expenses such as body cooperate fees?
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    Up to your MRT - vague enuf?
     
  3. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    You can claim 100% of an item if it relates to your property investment. But you will 'get back' your marginal tax rate x the expense.
     
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  4. Ethan_89

    Ethan_89 Member

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    "Enough"
     
  5. Ethan_89

    Ethan_89 Member

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    Brisbane
    Thank you Terry, It was a simple question I know but just preparing facts and figures for the future. I'm not 100% certain my tax accountant is pulling there weight for me......
     
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