If a had a family member rent a room from us below market value, is this considered as income? If so, does it need to be declared to Centrelink as income and on our tax return?
516 views
516 views1 replies
1 replies
516 views
1 replies
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
It is taxable income if the tenant is getting rent assistance, otherwise looks like a domestic arrangement.
does it need to be declared to Centrelink as income
You would need to ask centrelink.
All replies
It is taxable income if the tenant is getting rent assistance, otherwise looks like a domestic arrangement.
does it need to be declared to Centrelink as income
You would need to ask centrelink.
Featured articles
22 Apr 2024 · 6 min read time
15 Apr 2026 · 5 min read time
15 Apr 2026 · 4 min read time