ATO Crackdown on Holiday Home Tax Claims
Update: 2025-12-14
Description
Australian Tax Office intensifies scrutiny on holiday home owners tax claims, targeting dubious deductions. New guidelines emphasize genuine income generation, requiring properties to be commercially operated, not just private holiday homes. Red flags include overpriced listings, blocked peak periods, and frequent booking declines. To comply, owners must act like commercial operators, setting market rates, maintaining availability, consistent advertising, and thorough record-keeping.
The Daily News Now! - Every city. Every story. Powered by AI.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
