TAX DEDUCTIONS
More money in YOUR pocket!
Are you getting the maximum tax deductions available to you? To optimize your return on your investment it is important to be aware of the tax deductions available to you. And always obtain professional advice about this.
I have listed below an overview of expenses that you may be able to claim:
- Managing agent fees and commissions
- Stationary and postage
- Telephone calls
- Bank charge
- Advertising costs
- Cleaning & repairs
- Pest control
- Insurance cover
- Council rates
- Water charges
- Electricity and gas supply
- Gardening and lawn maintenance
- Legal expenses
- Interest on loans
- Land tax
- Travel expenses to inspect the property
- Tax-related expenses (Accountant)
- Servicing costs i.e. pool, spa, heaters
- Depreciation on fixtures and fittings
- Capital depreciation