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Are levies on a rental property tax deductible?

Posted 21 July 2015 under Tax Questions



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Samantha says:
21 July 2015 at 8:12

Do the Levies on a rental property count as an expense towards the "business" and if so, what category should that fall under eg: Administration fees?

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TaxTimTaxTim says:
21 July 2015 at 11:40

Yes it can be claimed as a deduction against the rental income in the Local Business section of your tax return. You can disclose it under "other expenses" and include the description as "levies".

Please see below for further expenses which can be deducted against rental income.

Rental property deductions


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