The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.T.53 Total net investment loss

Definition

Total net investment loss of an individual for an income year means the sum of the amount (if any) by which the individual's deductions for the income year that are attributable to:

  • financial investments exceed the individual's gross income for that year from those investments (net financial investment loss), and
  • rental property exceed the individual's gross income for that year from rental property (net rental property loss).

Act reference: Income Tax Assessment Act 1997 subsection 995-1(1) Definitions

Last reviewed: