Income tax – short-stay accommodation

These five draft Questions we've been asked update a series of current QWBAs on income tax and short-stay accommodation.  They have been put into the new format and have been updated for plain English and consistency.  The substantive changes to these items relate to:

• the GST online marketplace rules (income tax implications),
• the residential rental ring-fencing rules,
• the interest limitation rules,
• a change of view in relation to the depreciation for mixed-used chattels,
• changes to the thresholds for depreciation and provisional tax. 

If you would like copies of these items in Word, contact us using the Feedback button below.