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    Tag: beneficiary

    FAQ 48 – Can I rent from a trust where I am a beneficiary and claim normal rental expenses.

    There is an ATO ruling regarding this issue. http://www.ato.gov.au/rba/content/?ffi=/misc/rba/content/83291.htm http://law.ato.gov.au/atolaw/view.htm?DocID=ITR/IT2167/NAT/ATO/00001 There are also a number of posts on the web one of which. http://www.bantacs.com.au/QandA/index.php?xq=233 http://www.bantacs.com.au/QandA/index.php?xq=226…

    michael-dempsey
    Michael 23 November 2014