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A tax benefit is ok as long as that is not the sole or dominant purpose. Most people spend half their working life trying to pay their home loan off as soon as possible. Just because there is a tax benefit in the arrangement doesn't suddenly make that action a scheme with the sole dominant...

The salary sacrifice arrangement that I used to talk about lasted 15 years before they changed the law, in fact they still haven't. Just announced they will. With both the salary sacrifice arrangement and this redirecting rent to your own home changing the law will have major ramifications so...

This is a private ruling for my client only, you cannot rely on it and the ATO will try to narrow it. It is important that you can prove that the rental will eventually become positively geared. You should apply for your own PBR first.

I have just received a PBR from the ATO agreeing that letting the interest capitalise on a rental property loan and using the rent to pay off your own home is not caught by Part IVA in the circumstances I outlined. Open the flood gates this means my client will be able to shift all her non...