ATO Draft Ruling TR2025/D1 – Rental Property Income and Deductions
Overview
What you'll take away.
Understanding the impact of TR 2025/D1 on individuals who own holiday homes
The ATO’s draft ruling TR 2025/D1 marks a significant shift in how income and deductions from holiday homes and short-stay accommodation (including Airbnb) are taxed. For tax professionals, the implications are far-reaching — particularly for clients with mixed private and income-producing use.
Join us for a practical, practitioner-focused session where we unpack what TR 2025/D1 really means, how the ATO is likely to apply it in practice, and what advisers should be doing now to manage risk and protect clients.
In this session, we will cover:
- What TR 2025/D1 changes — and how it replaces older ATO guidance
- When a property may be treated as a “leisure facility” under s 26-50
- The new focus on “mainly used to produce assessable income”
- Which deductions are most at risk for holiday homes and short-stay rentals
- Apportionment of expenses and the ATO’s expectations around evidence
- Transitional compliance relief and key dates to be aware of
- Practical examples and common client traps
- Action steps tax advisers should take now
Learning Outcomes:
This session will provide a comprehensive guide to the tax implications of TR 2025/D1 on the treatment of assessable income and deductions for rental property owners, particularly those holding holiday homes.
Suited to:
This session is essential viewing for accountants, tax agents and advisers with clients earning income from Airbnb, Stayz or other short-term accommodation platforms.
This On Demand recording Includes:
- Recording of the Live Webinar, which can be viewed multiple times, for as long as required
- Presenters contact details for follow up questions
- CPD Quiz
- CPD Certificate
- CPD Report – Logged automatically
- PowerPoint Presentation
- Verbatim Transcript, with Searchability
- Supporting Documentation
Course syllabus
3 lessons
- Video – ATO Draft Ruling TR2025/D1 – Rental Property Income and DeductionsVideo
- Feedback Survey QuestionsSurvey
- Knowledge QuizTest
Your presenter
Mark ChapmanH&R Block
is the author of Life and Taxes: A Look At Life Through Tax and has edited and updated the second, through to the eighth, editions of Australian Practical Tax Examples, published between 2019 and 2025 by Wolters Kluwer CCH Australia.
He has over 30 years experience as a tax professional in both the UK and Australia, specialising in tax for small business and individuals. He is a fellow of the Institute of Chartered Accountants in England and Wales, a fellow of CPA Australia and a member of the Chartered Institute of Taxation. He holds a Masters of Taxation Law with the University of New South Wales.
Since 2015, Mark has been Director of Tax Communications with H&R Block Australia. He writes regularly on tax issues for numerous media outlets and presents on topical tax topics at seminars and other events. He broadcasts frequently on radio and television and writes a regular column for Money Magazine and Yahoo7 Finance. As a tax practitioner in the UK, he occupied a number of senior positions before moving to Australia in 2007 to join the Australian Taxation Office (ATO) as a senior director.