considerable ATO resources will be devoted over the next four years to recovery of incorrect rental property deductions
The ACCC has today released its Northern Australia Insurance Inquiry first interim report. The report invites submissions on draft recommendations and we would welcome your participation in this consultation. Submissions are due on 12 April 2019.
Owners of income producing properties are eligible to claim tax deductions for a number of expenses involved in holding a property. Most investors are aware of some of the deductions they are entitled to; for example, they know they can claim their Property Manager’s fees, council rates and any repairs and maintenance costs. However, all