How to declare Ratesetter Income on ATO Tax Return

Unlike some other financial institutions Ratesetter does not automatically declare you’re interested to the Australia Tax Office. This means you will need to declare this manually

Login to your ratesetter account and view your Tax Statements per below. Can also be found on the menu bar under “Annual tax statements”

https://members.ratesetter.com.au/your_lending/tax_statement.aspx

Share of non-primary production income is added under Interest

Other deductions relating to non-primary production distributions is filed under Interest deductions