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You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4.

Edited version of your private ruling

Authorisation Number: 1052246439149

Date of advice: 30 April 2024

Ruling

Subject: Rental property repairs

Question

Is the payment made for roof repair a deductible repair expense under section 25-10 of the Income Tax Assessment Act 1997 (ITAA 1997)?

Answer

Yes.

The works undertaken are repairs as per Taxation Ruling TR 97/23 and are immediately deductible. Further information about repairs can be found by searching 'QC 23635' on ato.gov.au.

This ruling applies for the following period:

Year ended 30 June 20XX

The scheme commenced on:

20XX

Relevant facts and circumstances

You are the sole owner of a rental property.

The property has continually been a rental property, rented at market rates.

The roof of the property developed a leak and it was recommended that the roof be replaced.

The work consisted of removal and disposal of existing roof sheeting and fasteners, supply and installation of new roofing, gable, flashing and sealant.

You have not lodged or intend to lodge an insurance claim in relation to these repairs.

Relevant legislative provisions

Income Tax Assessment Act 1997 section 8-1

Income Tax Assessment Act 1997 section 25-10