genie79

If you live in Australia and declare rental properties that you own in the UK to the ATO can you claim flights back to the UK as tax deductible?

renth

You can claim a portion. When we went back we spent 5 days renovating our property, out of a 3 week trip so we claimed just under a third of the cost of the flights as a tax deduction.

If you are just going to inspect it and do a few odd jobs and spend a day doing it on a 10 day trip you can claim 10% of the flights as a deduction.

That's how it used to work, it might have changed though,

NickyC

The ATO publish a guide to Rental Properties (https://www.ato.gov.au/uploadedFiles...3n17290613.pdf.

In it (Page 13) they have an example of people flying to inspect their rental property and combining the visit with a holiday. In that situation, the flights are not deductible but a portion of their accommodation and local travel costs are.

I believe that nowadays the only way to claim the cost of the flights is when the sole purpose of the trip is to do the inspection. Ie. you fly there, inspect and immediately fly back.

The ATO aren't daft. They're not going to subsidise people's overseas holidays if they can help it.