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  • Interest deductions – supporting information

    Here's a list of the documents and information we usually need to process a private ruling request or objection about deductions you can claim for interest. If you provide supporting information this will reduce the time it takes us to process your request.

    Note: Where the interest relates to a rental property, see Rental property deductions – supporting information.

    If you want to apply for a private ruling about deductions you can claim for interest, you need to:

    • complete and submit the relevant private ruling application form (for tax professionals or not for tax professionals)
    • provide the supporting information listed below.

    If you want to lodge an objection about deductions you can claim for interest, you need to:

    • complete and submit the relevant objection form (for taxpayers or tax professionals)
    • provide the supporting information listed below.

    Note: Check first whether your question is answered on our website.

    See also:

    Supporting information

    Note: If you've previously provided us with any of the information listed below, you don't need to provide it again.

    The information we need for a private ruling or objection about deductions you can claim for interest includes:

    • a copy of the loan agreement/document. If there is no written agreement, provide a full description of the terms of the agreement
    • a description of what the funds were used for
    • documentation showing that you (or someone you nominated) received the money borrowed, and that you have made repayments.
    • any other documents that will support the statements made in your application.

    Next steps:

      Last modified: 30 Nov 2017QC 19052