Disclaimer
This edited version has been archived due to the length of time since original publication. It should not be regarded as indicative of the ATO's current views. The law may have changed since original publication, and views in the edited version may also be affected by subsequent precedents and new approaches to the application of the law.

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 written advice

Authorisation Number: 5010054146244

Date of advice: 22 October 2018

Ruling

Subject: Rental deductions

Question

Do the rendering works constitute a repair?

Answer

Yes. Your expenses meet the requirements in Taxation Ruling TR 97/23 and are deductible. Further information about repairs can be found by searching 'QC 55249' on ato.gov.au

Question

Do the electrical works constitute a repair?

Answer

Yes. Your expenses meet the requirements in Taxation Ruling TR 97/23 and are deductible. Further information about repairs can be found by searching 'QC 55249' on ato.gov.au

This ruling applies for the following period:

Year ending 30 June 20XX

The scheme commences on:

I July 20XX

Relevant facts and circumstances

You acquired a 50% share in a property (the property).

You acquired a further 50% share in the property.

You have returned rental income since acquiring this property.

You received a building inspection report.

You received quotes for works to the property consistent with the building inspection report.

The works were carried out.

Relevant legislative provisions

Income Tax Assessment Act 1997 section 25-10

Income Tax Assessment Act 1997 Division 43