Tax benefit of negative gearing

The change in tax (as a proportion of taxable income) for each income decile if net rental losses are no longer deductible against income

100%

0.2

0.54

0.4

0.60

0.8

1

1.20

1.40

1.53

10%

0.35

20%

0.4

30%

0.41

40%

0.44

50%

0.44

60%

0.46

70%

0.48

80%

0.54

90%

0.54

100%