ATO targets landlord army’s 90% dodgy returns

It never rains but it pours, via Herald Sun:

Dodgy landlords’ social media accounts will be put under the blowtorch by the ATO as they crack down on incorrect rental deductions.

Accommodation booking websites will also be examined to make sure landlords are not making false claims simply to get money back.

In the 2017-18 financial year more than 2.2 million Australians claimed more than $47 billion in rental deductions.

The ATO said it would double the number of audits to run a fine tooth comb over rental deductions and assistant commissioner Gavin Siebert warned it’s on the top of his hit-list at this upcoming tax time.

“A random sample of returns with rental deductions found that nine out of 10 contained an error,” he said in an issued statement.

“We are concerned about the extent of noncompliance in this area and will be looking very closely at claims this year.”

“Errors”. Very diplomatic.

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