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.
AI summary
As a landlord, you can reduce your taxable income by claiming expenses like insurance, rates, repairs, and property management fees. Capital expenses that improve the property's value are not deductible.
A key change is the restoration of interest deductibility. The government is phasing this back in, with an 80% deduction planned for the 2024/25 tax year, rising to 100% from 2025/26.
Due to the complexity of these rules, seeking advice from a qualified accountant is highly recommended.
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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