You can only claim where an income is derived from the investment, the income cannot be in the form of a capital gain only is my understanding.
As it stands, you could not make any interest claim if you purchased MSB shares currently using an investment loan. In the future once a dividend is paid then any purchase based on an investment loan allows the interest payable on the capital costs to be claimed.
Hope that makes sense.
You can only claim where an income is derived from the...
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Last
$1.01 |
Change
0.030(3.06%) |
Mkt cap ! $1.153B | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.04 | 99.0¢ | $5.111M | 5.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 211966 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 136540 | 9 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MSB (ASX) Chart |