A spreadsheet that follows every borrowed dollar from your investment split to the asset it bought. Add one row each time money moves.
Home › Resources › Debt Recycling Tracing Ledger
Debt recycling deductions rest on tracing: showing that money drawn from your investment split bought income-producing assets and nothing else. The ledger is where that trail lives, one row per transaction.
It suits any recycling structure, from a single lump-sum tranche to monthly cycles. Start it before your first draw, not at tax time. Our guide to debt recycling record-keeping lists the documents that sit behind each row.
We set up the loan structure and splits. Your registered tax agent confirms what is deductible.
Alex can look at how your loan is set up and tell you what would need to change. Free, no-obligation call, by phone or video.
Request a call with Alex →No. The ledger is a map of the trail, not the evidence itself. Keep the loan statements, transfer receipts, contract notes and income statements it points to. Your registered tax agent confirms what is deductible and which records they need for your situation.
The ATO generally asks for records to be kept for five years from the date you lodge your return, and asset records for five years after the sale or other CGT event. Because recycled assets carry a cost base, keep the ledger for the life of the strategy and beyond any sale. Confirm the period with your tax agent.
Yes. Add a row for every paydown and every draw, even small ones. Each draw is a new borrowing tested on its own purpose, so a row with a matching reference for each one keeps a monthly program as easy to follow as a single lump sum.
Six months of the ledger filled in, with every balance reconciled.
Read more → GUIDEThe documents behind each ledger row, and how long to keep them.
Read more → RESOURCEWhat to hand your tax agent at 30 June.
Read more →
1. Arranged a loan when our small business situation made it difficult to qualify.
2. Met requirements to have funding available by a specified date.
3. Understood my needs to setup debt recycling to allow tax structuring.
4. Communicated well throughout.
I would use their services again.
Alex, Jess and the Kingfisher team were second to none and their process from start to finish was faultless. As a self-employed business owner, it can be difficult to obtain finance at the best of times. The Kingfisher team made this an easy and efficient proposition and their continued transparent and efficient communication ensured we were kept up to date at all times. Highly recommend them for your finance needs!
Alex and Jess dealt with our investment loan and provided a top tier service. They kept us up to date and communicated every step of the process making it a seamless and smooth experience! Awesome work team we will definitely be back for future loans!
Jess from Kingfisher was outstanding. I couldn't fault her communication, expertise or dedication to finding the best loan for our situation. The entire process was seamless from start to finish. We'll definitely be using Kingfisher again in the future. A top-tier organisation.
