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I started to pay off my study loan and would like to know if that is Tax deductable?

Posted 3 April 2013

What code do your fill in on the tax form when filing my tax online.

TaxTim Marc said:
3 April 2013 at 18:55

Unfortunately you cannot deduct payments on a student loan as they were not made in the production of income in the course of business and so are not deductible for tax purposes.

This entry was posted in Tax Q&A and tagged Deductions, Audit / Verification. Bookmark the permalink.

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I started to pay off my study loan and would like to know if that is Tax deductable?

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