Are levies on a rental property tax deductible?
By Evan Robinson · Updated
Do the Levies on a rental property count as an expense towards the "business" and if so, what category should that fall under eg: Administration fees?
Yes it can be claimed as a deduction against the rental income in the Local Business section of your tax return. You can disclose it under "other expenses" and include the description as "levies".
Please see below for further expenses which can be deducted against rental income.
Rental property deductions
Please see below for further expenses which can be deducted against rental income.
Rental property deductions