Skip to main content

Delays to response times: It is taking longer than usual to answer calls and myIR messages, and to process some COVID-19 Support Payment applications. This is because of the impact of COVID-19. If possible, please contact us through your myIR account. Log in to myIR

Budget 2022: The Government has announced Budget 2022, which includes changes to child support payments. Find out more on our Tax Policy website

Budget 2022: The Government has announced a Cost of Living Payment, which will be paid from 1 August 2022. You do not need to apply for this payment. If you are eligible, we’ll pay it into your bank account. Find out more

You must pay tax on your rental income. To work out your taxable rental income, you deduct your allowable rental expenses from your gross rental income.

These are the different rules that help you work your taxable rental income. They're not the same for all types of rental property.

Make sure you're using right one for your property:

Tax by rental property type

 

Last updated: 28 Apr 2021
Jump back to the top of the page