Renting Guide

What expenses can you claim on a rental property?

If you’re new to property investment tax can be tricky. We’ve got the answers to make it easier.

Ben Tutty
Last updated: 1 February 2024 | 4 min read
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As a landlord, you can reduce your tax bill by claiming deductible expenses against your rental income. These include costs like insurance, rates, repairs, maintenance, and professional fees for property managers and accountants.

The rules for interest deductibility are changing. The government plans to phase it back in, reaching an 80% deduction for the 2024/25 tax year and 100% from 2025/26. Due to this complexity, consulting a professional accountant is highly recommended to ensure compliance and maximise your returns.

What are deductible expenses for rental properties?

What can I claim on a rental property?

Talk to your accountant to make sure you're maximising deductions.

What about interest deductibility on my rental property?

Choosing a good accountant

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Ben Tutty Ben Tutty
Content Writer