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Interest and Dividend Expenses

If you incurred expenses while earning income from interest or dividends, you may be able to claim those expenses as a deduction, including

  • account-keeping fees for accounts held for investment purposes
  • management fees and fees for investment advice relating to changes in the mix of your investments
  • interest charges on money borrowed to purchase shares

You may be able to claim an assortment of other costs, provided they were incurred in managing your investments, including

  • travel expenses
  • the cost of specialist investment journals and subscriptions
  • borrowing costs
  • the cost of internet access
  • a capital allowance for the decline in value of your computer