Announcements
Are you a tax professional needing a bit more time to lodge? Check out how to apply online for a deferral, or ask the Community!

ATO Community

claiming brokerage account monthly fee

Initiate

Views 388

Replies 1

I have some european stocks that paid dividend and some australian etf-s that paid distributions in the last financial year. I pay a monthly account fee to my on-line broker. The fee is a flat amount that I have to pay every month (15$). I am not a professional trader. Can i declare the fees as deductions against the dividends?

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

ATO Community Support

Replies 0


Hi @borijani

 

The short answer here is yes if it is related to you earning income. See our information on

Interest, dividend and other investment income deductions for additional detail.

1 REPLY 1

Most helpful response

ATO Community Support

Replies 0


Hi @borijani

 

The short answer here is yes if it is related to you earning income. See our information on

Interest, dividend and other investment income deductions for additional detail.