Deductible rental property travel expenses

Travel expense claims can be made in respect of the following activities:

Preparing the property to allow new tenants to move in (except for the initial tenant);
Inspecting the condition of the property during or at the end of tenancy;
Repairing the property for damage or wear and tear caused by tenants or while it was available for [...]

Declaration of offshore income

The commissioner of taxation has announced that the benefits previously enjoyed by taxpayers from offshore tax havens have been greatly diminished due to their ongoing audit program. A new offer is now available to taxpayers who have not declared all income derived from offshore activities.
“This is a chance for people with undeclared income, for example [...]

Please Note: Many of the comments in this blog are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to independently verify their interpretation and theinformation's applicability to their particular circumstances.