Hi,
Can a company claim GST on borrowing expenses? Loan establishment fees, loan approval fees, legal fees. The loan acquired is not from a banking institution but from a lender or a financing solution company. Invoice issued on establishment fees has a breakdown of GST.
Thanks
Hi @freerain,
Generally financial supplies are input taxed, and don't have GST, so GST wouldn't be claimed.
However you might be able to claim GST credit, there are 4 exceptions where you can claim a GST credit on the purchase.
Hi @freerain,
Generally financial supplies are input taxed, and don't have GST, so GST wouldn't be claimed.
However you might be able to claim GST credit, there are 4 exceptions where you can claim a GST credit on the purchase.
15 Apr 2026 · 4 min read time
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