Marc S. Paddington, NSW 10 Likes 1 Followers If I borrow money to purchase shares, is the interest charge tax-deductible? 8 years ago Comments Kelvin Mason Current Rating: 4.72 / 5 Finance Broker Kellyville, NSW Yes - if it's s business all expenses are tax deductible. Best to check with your accountant for such tax advice Responses Jennifer Bachir CPA Current Rating: 4.33 / 5 Finance Broker Haymarket, NSW 8 years ago Yes most likely if it's set up correctly (<% currentCount %>) Comment (<% currentCount %>) Share Contact Expert Chris Bates Financial Planner Melbourne, VIC 8 years ago Sure. Ideally use your home equity rather than a margin loan (<% currentCount %>) Comment (<% currentCount %>) Share Contact Expert Your Answer If you wish to include a video or audio response, you can do this by including links to Youtube, Vimeo or SoundCloud (https://www.youtube.com/watch?v=xxxxxxxxxx OR https://vimeo.com/xxxxxxxxx) <% error.message %>
Yes - if it's s business all expenses are tax deductible. Best to check with your accountant for such tax advice