The Australian Taxation Office is targeting more than 110,000 rental
property owners who have been identified through last year's tax
returns as making incorrect claims.
A team within the office known as ''the doctors'' is using
sophisticated analytical techniques, including data mining, to identify
unusual patterns of claims. It is also targeting work-related expenses.
Rental property deductions have surged in recent years as investors prefer bricks and mortar to shares.
For the 2010-11 year, the latest for which data is available,
almost $39 billion was claimed by landlords in deductions, an 18 per
cent rise on the previous financial year.
› canberratimes.com.au
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