Mortgage Broker

Tax tips for independent mortgage brokers in Australia.

Allowable Expenses

• Aggregator Fees — Monthly fees paid to your aggregator.
• Professional Indemnity — Essential insurance for finance brokers.
• Software — CRM and loan processing tools.
• Marketing — Lead generation and local advertising.

Tax Tips

• ASIC licensing and professional body (MFAA/FBAA) fees are deductible.
• Travel to client homes or meeting sites is deductible.
• Claim for your mobile phone and home office.

Frequently Asked Questions

Are my MFAA fees deductible?

Yes, professional association fees are deductible.

Can I claim for lead generation?

Yes, marketing costs for your business are deductible.