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Consumer Price Index (CPI) Rent Review

Consumer Price Index (CPI) Rent Review

Aug 23, 2023

Self-Managed Superannuation Fund Commercial Property Related Party Lease Agreements A common strategy for SMSFs is to invest in commercial property and have your business lease the premises.  To stay compliant the arrangement needs to be on arm’s length terms (this...
ATO rental property blitz

ATO rental property blitz

May 12, 2023

The Australian Taxation Office (ATO) has launched a full-on assault on rental property owners who incorrectly report income and expenses. The ATO’s assessment, based on previous data matching programs, is that there is a tax gap of around $1 billion from incorrect...
Rental property tax deductions

Rental property tax deductions

Jul 16, 2019

16 July 2019 If you’re one of the many Australians who own an investment property, now is the time to take stock of your incurred expenses and work out what you can claim as a rental property tax deduction, and what you need to declare as income. Income First...