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  • Do your clients own a rental property?

    If your clients own a residential rental property, remind them they are not able to claim deductions for travel expenses relating to inspecting, maintaining, or collecting rent. Your clients can deduct travel expenses if they are carrying on a rental property business or are an excluded entity.

    If your clients have already incorrectly claimed deductions for the cost of travel to and from their property in their 2018 tax return, they will need to request an amendment.

    The law change came into effect on 1 July 2017 and affects tax returns from 2017–18 and onwards.

    See also:

    Last modified: 06 Nov 2018QC 57295