Inside PM – Tax Time Update From The ATO

With the end of financial year upon us, property managers will hear from the ATO regarding EOFY property tax returns as well as their own personal work-related expenses. Topics covered will include:

• Rentals focus for 2023
  • Overview of rentals
  • What the ATO is looking at in 2023, including data matching activities
  • Differences between capital purchases and replacements
  • Depreciation values and diminishing value scales
  • Tax tips on rental income and expenses.
• Work related expenses
  • Car expenses
  • Clothing and laundry
  • Working from home
  • Self-education.
• Q&A.

A resource list and information pack will also be provided.