INCOME TAX ASSESSMENT ACT 1997 - SECT 85.15 Deductions for rent, mortgage interest, rates and land tax
INCOME TAX ASSESSMENT ACT 1997 - SECT 85.15
Deductions for rent, mortgage interest, rates and land taxYou cannot deduct under this Act an amount of rent, mortgage interest, rates or land tax:
(a) for some or all of your residence; or
(b) for some or all of your * associate's residence;
to the extent that the amount relates to gaining or producing your *
personal services income.