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Can bank a/c fees e.g MISA be partly tax deductible?
I think I answered my question when you asked yours. Yes the offset is against the PPOR, so it doesn't relate to IP. It is in my name.- sashatheman
- Post #3
- Forum: Accounting and Tax
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Can bank a/c fees e.g MISA be partly tax deductible?
Hi quick question. If you have a bank package like we do 'Mortgage Interest Saver Account' (MISA) that gives you an offset account, credit cards etc, and you get charged a yearly fee I think mine is $350. Can any of that fee be tax deductible because we use the offset account that is part of...- sashatheman
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- misa offset tax deductions
- Replies: 3
- Forum: Accounting and Tax
