Hey Bradley It seems the Gvt did not allow or review our submissions. I am very disappointed by the Gvt lipservice responses to our concerns. I am putting my money into something else. I am wondering if the rule of grandfathering previously acquired properties applies to travel to inspect properties bought before this new rule.
Hi Kahondo, Thanks for your comment, under the new legislation travel to a property has not been grandfathered, however we would recommend seeking advice from your Accountant or Tax Adviser as this may vary dependent upon your individual circumstances.
Hey Bradley
It seems the Gvt did not allow or review our submissions. I am very disappointed by the Gvt lipservice responses to our concerns. I am putting my money into something else.
I am wondering if the rule of grandfathering previously acquired properties applies to travel to inspect properties bought before this new rule.
Hi Kahondo,
Thanks for your comment, under the new legislation travel to a property has not been grandfathered, however we would recommend seeking advice from your Accountant or Tax Adviser as this may vary dependent upon your individual circumstances.