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Holiday home owners have been singled out by tax investigators who are cracking down on tax avoidance by property investors. Tax deductions and Bunbury sex line number income will be scrutinised as the Australian Taxation Office found, since the investigation began last year, the 'majority' of rental property owners assessed have 'failed to correctly declare income from holiday houses or had attempted to claim too many deductions'.
An investigation found vacation hotspots in the Hunter Valley, Single men in Kalgoorlie ok Southern Highlands, Sydney's northern beaches picturedthe Gold Coast and Victoria's Mornington Peninsula will be the focus of random audits. Holiday home owners have been singled out by tax investigators in a crackdown pictured: Brighton Beach.
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Independent oriental escorts in Caringbah Some caught up in the crackdown were shown to be claiming deductions on properties which did not exist, whereas others were claiming empty lots were rented.
Operations such as Airbnb and Stayz are likely to also be included in the scope of inquiry to track suspicious activity.
Operations such as Airbnb and Stayz will be included in the scope of inquiry pictured: Hunter Valley. The ATO found 'majority' of owners assessed 'failed to correctly declare income' pictured: Gold Coast.
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A of issues were related to 'mates rates' for holiday rentals and owners setting restrictions on the homes which lead the ATO to deem the properties no longer for lease. Share this article Share.
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: Holiday homes in tax spotlight as owners fail to declare income. Share or comment on this article: Holiday home owners to be targeted by tax officials e-mail More top stories.
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