What are the allowable deductions for cash dividend income

Discussion in 'Accounting & Tax' started by Anjohn, 28th Apr, 2020.

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  1. Anjohn

    Anjohn Well-Known Member

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    My wife and I are the joint owners of a real estate Pty Ltd, if we declare some dividend income, what expenses could be allowed to claim for dividend earnings??
     
  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Plus Member

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    virtually none. What expenses relate to the dividend income? Tax advice perhaps
     
  3. Paul@PFI

    [email protected] Tax Accounting + SMSF Business Plus Member

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    Interest incurred to buy shares ? Maybe.