Thanks for that.
I was closing a business down and was asking my accountant for advice on that and wanted to know how much tax to put aside if I rented my house...
I found this on the ATO website: Note that payments from a family member for board or lodging are considered to be domestic arrangements and are...
They will be paying for their expenses. I'm storing everything there. I'm just confused as to how my accountant came up with this information....
I wasn't planning on making any deductions for this period, but will review my situation in 6-12 months.
Hi all, I will be moving interstate soon but until I am settled with work and accommodation a family member will be looking after my house and...
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