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Homing in on holiday homes

Homing in on holiday homes

The ATO is reminding taxpayers that it’s paying close attention to rental properties located in popular holiday destinations around Australia.

 

Assistant Commissioner Kath Anderson said that last year the ATO identified a large number of mistakes with deductions for rental properties, particularly with regards to holiday homes.

 

“We’ve noticed some people are claiming deductions for holiday homes even where the property is not genuinely being rented out, or genuinely available for rent,” Ms Anderson said.

 

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