Deductions against interest income
Ever wondered what all could you claim to reduce your interest income for tax purposes? As a general rule, all the expenses you have incurred to earn the interest income may be claimed. For example, account keeping fees for investment account held with a bank and management fees or investment advice related to investments may.. read more →
06
Sep
2012
Deductions against dividend income
Investing in shares has been quite a challenging decision in today’s market but making a big buck from investing in shares is even more daunting. The dividend we receive is subject to tax which reduces the attractiveness of such investments. It would not be disappointing to know that a certain set of deductions can be.. read more →
05
Sep
2012