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Headline from this morning’s AFR. Unfortunately, online, it’s locked, so means I have to go and buy it :o)
The Australian Taxation Office is launching a crackdown on one of the most lucrative tax breaks for investors by tightening the depreciation rules on residential investment property. By Robert Harley.
Seems both sides of politics are seeking further tax revenue.
kay henry
You were too quick for me Kay. I have posted the same thing (depreciation Allowance Changes), although I have taken the liberty of putting in some quotes for those who don’t want to fork out the money.
James
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