ATO scrutiny of property investors stirring fear, uncertainty
Barely a quarter of property investors feel in control at tax time, as the ATO ramps up its scrutiny on property investors throughout the end of financial year tax season.
Research has found that only around one in four property investors feel comfortable with the tax return process. (Image source: Shutterstock.com)
Property investors are feeling the heat from the Australian Taxation Office (ATO), with seven out of ten saying there was more intense scrutiny on them and six out of ten saying recent legislative changes were difficult to navigate.
The ATO is implementing stringent measures that are set to have significant implications for property investors across the country.
Their decision to ramp up their efforts comes in response to a surge in tax return …
