ato logo
Search Suggestion:

Interest deductions – supporting information

How to apply for a private ruling or objection about whether interest is deductible.

Last updated 19 December 2017

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  

QC19052