Airbnb hosts face Vic tax and apartment bans
Victoria is reversing its open slather policy on short-term holiday lets with new regulations to come into force at the start of next year that will tax holiday lets and…
tax
Forum: Taxing times with income you never see
It’s that time of year when we are all thinking about tax – if only because we have been bombarded with ad for EOFY (End of Financial Year) sales and…
Podcast: Tax fixer-uppers and strata spies
The tax office is targetting double-dipping landlords who claim all sorts of things they shouldn’t, or just claim for stuff the wrong way.For instance, property investors routinely claim levies as a tax…
ATO targets double-dip landlords and tax fixers
As we hurtle towards the end of the financial year, the Australian Taxation Office (ATO) is warning rental property owners that their tax returns are in the spotlight this time…
NSW plans crackdown on ‘Airbnb’ rentals
The NSW government is moving to crack down on Airbnb style short-term rentals and vacant holiday homes in an effort to put some of the state’s 50-60,000 untenanted dwellings back…
Holiday let tax could be a win for all – except hosts
With an Airbnb tax planned in Victoria and a 60-night cap approved in NSW, the free rein for STHLs is clearly coming to an end, with hidden benefits for everyone…
Podcast: Busy making plans to do nothing
This week we introduce you to the concept of “downvesting” – no, it’s not a singlet fashioned from duck feathers, but a growing trend whereby impending retirees buy a property…
Podcast: Housing crisis advice that Albo can’t take
The housing crisis is still uppermost in many minds but there’s a new twist with a former Mirvac boss, now an advisor to the government, telling the Prime Minister to do something…
Podcast: Zooming in on connections lost in France
There’s a different sound to the Flat Chat Wrap this week, Firstly it was recorded over Zoom, then Jimmy seems to have acquired hay fever in the south of France,…
Housing problems come home to roost in Budget
With Prime Minister Anthony Albanese having pledged to do something about Australia’s housing shortage, the affordability crisis and rent stress, Housing Ministers from the states and territories met this week…
Why are we subsidising short-term lets?
As rents soar across Australia there is a quirk in tax law that can only be making matters worse Rents have gone up by 10 per cent or more in…
ATO cracking down on dodgy holiday let claims
Danger, danger, holiday letting hosts! If you have been fudging the figures on your tax claims for your holiday home investments, the Australian Tax Office is coming after you. Actually,…