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Re: Total other expenses for rental property

Initiate

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Replies 1

When I was filling out the rent section in MyTax there is a section ' Total other expenses'. 

Are we allowed to declare a certain amount without receipt?

Thanks in Advance

 

1 ACCEPTED SOLUTION

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Most helpful response

Devotee Registered Tax Practitioner

Replies 0

Hey Barry2,

 

The rental section on the tax return requires taxpayers to expressly separate some expenses, such as Interest Expense, Capital Works Deductions, and then everything else not categorised.

 


@Barry2 wrote:

Are we allowed to declare a certain amount without receipt?


Not in terms of the rental property.

1 REPLY 1

Most helpful response

Devotee Registered Tax Practitioner

Replies 0

Hey Barry2,

 

The rental section on the tax return requires taxpayers to expressly separate some expenses, such as Interest Expense, Capital Works Deductions, and then everything else not categorised.

 


@Barry2 wrote:

Are we allowed to declare a certain amount without receipt?


Not in terms of the rental property.