Interest and Dividend Expenses

Claim a deduction.

Firstly, 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

 

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

  • Travel expenses
  • Cost of specialist investment journals and subscriptions
  • Borrowing costs
  • Cost of internet access
  • A capital allowance for the decline in value of your computer

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