Australian tax support

Tax deductions

Model tax deductions including negative gearing, work-related expenses, and investment costs.

Tax deductions chart showing investment property loan interest declining over time

Key highlights

Negative gearing

Calculate negative gearing benefits from investment properties with rental losses.

Work-related expenses

Include work-related tax deductions to accurately calculate your taxable income.

Investment costs

Deduct investment management fees, interest on investment loans, and other costs.

Depreciation

Model depreciation deductions for investment properties and equipment.

Why this matters

  • 1
    Understand your true taxable income after all deductions.
  • 2
    See the tax benefits of investment property negative gearing.
  • 3
    Optimise your deduction strategy to minimise tax legally.
  • 4
    Compare the after-tax cost of different investment strategies.

How it works

  1. 1

    Enter your deductible expenses in the relevant sections (income, properties, investments).

  2. 2

    The system calculates your taxable income after deductions.

  3. 3

    View the tax savings from each category of deductions.

  4. 4

    See how deductions affect your overall FIRE projections.

Ready to start planning your financial future?

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Tax deductions | Wealth Dashboard