Share Brokerage costs - deductibel?

Discussion in 'Accounting & Tax' started by Lam Thieu, 21st Jun, 2008.

Join Australia's most dynamic and respected property investment community
  1. Lam Thieu

    Lam Thieu Well-Known Member

    Joined:
    24th Jan, 2017
    Posts:
    205
    Location:
    Melbourne, Australia
    I'm with Commsec....can I claim the $19.95 i pay in brokerage costs as a deduction?
     
    Lam Thieu, 21st Jun, 2008
    #1
  2. Simon Hampel

    Simon Hampel Founder Staff Member

    Joined:
    3rd Jun, 2015
    Posts:
    12,412
    Location:
    Sydney
    No. Brokerage is a capital cost - it forms part of the cost base of your investment.
     
    Simon Hampel, 21st Jun, 2008
    #2