Nov
21
Changes to the Claiming of Travel Costs for Inspecting Investment Properties
On 15 November 2017, legislation was passed into law which will see most owners of residential investment properties denied tax deductions for travel expenses related to their properties. This law is backdated to any travel undertaken from 1 July 2017 onwards. The legislation is quite wide in scope and covers travel for all purposes including travel for the purpose of inspecting, maintaining, and...





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