Miscellaneous 2020

Session 18.3: Best practice for holiday rental properties and retention of evidence

Published Date: 11 Mar 2020

 

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This video covered practical issues in minimising tax risk on holiday rental properties. Can your client provide evidence to respond to a day-by-day scrutiny of the electricity bill by the ATO? Is it acceptable that your client's family accompanied your client when they visited to maintain the property? The ATO can be very sceptical and dig deep in a review or audit.

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research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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