Think your holiday home deductions are sound? Updated ATO guidance could deny claims where private use, family access or blocked-out peak periods suggest the property is not mainly used to earn rental income.

Reducing your tax exposure, maximising the opportunities available to you and reducing your risk of an audit by the ATO is in your best interests. With the end of the financial year fast approaching, this update will help you do exactly that.

If you own a holiday property, a proactive review could save you from an unpleasant tax surprise later.