Would a subscription to The Australian Financial Review be considered tax deduction for a Share investor? For example someone who earns income from buying blue-chip Australian shares.
1,899 views
1,899 views2 replies
2 replies
1,899 views
2 replies
All replies
Guidelines on deductible expenses (note only the cost of specialist investment journals and subscriptions is mentioned)
Interest, dividend and other investment income deductions | Australian Taxation Office
There are also these guidelines for newspapers, etc. under work-related deductions (same principles will apply for any income-producing purpose)
Books, periodicals and digital information | Australian Taxation Office
Up to you to determine, but I would suggest as a share investor it would more likely than not be not deductible. Share investing is generally a passive activity (unlike share trading)
Thank you, you’ve answered my question.
Featured articles
22 Apr 2024 · 6 min read time
15 Apr 2026 · 5 min read time
15 Apr 2026 · 4 min read time