Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-42 - PERSONAL SERVICES INCOME  

Division 85 - Deductions relating to personal services income  

Operative provisions  

SECTION 85-15  

85-15   Deductions for rent, mortgage interest, rates and land tax  

You cannot deduct under this Act an amount of rent, mortgage interest, rates or land tax:

(a) for some or all of your residence; or

(b) for some or all of your *associate's residence;

to the extent that the amount relates to gaining or producing your *personal services income.