Boat hire arrangements

Supporting document requirements for objections

This page lists the documents and information we usually need to process objections about the subject displayed.

Please send the documents and information listed with your objection form. Disregard the documents and information on this page that you have previously provided.

Boat hire arrangements

• The date the boat was or is to be purchased.
• Details of the boat, including copies of any purchase or finance contracts, survey papers, registration and insurance.
• The date the activity commenced.
• A description of the activities conducted to date.
• A description of the planned activities.
• Detailed business plan. See Taxation Ruling (TR) 2003/4 - Income Tax: boat hire arrangements, for examples.
• Details of actual and projected income and expenses, (including boat charter fees and depreciation), from the commencement of the activity up to and including all years to which the objection applies.
  
• If the activity is to be conducted under an agency agreement, also provide:
• copies of any charter operator or management contracts that have been or are proposed to be entered into, and
• copies of any supporting material supplied by the charter operator.
  

You should also refer to TR 2003/4 for information relating to whether your activity is considered a business.