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Daniel, Solicitor
Category: Australia Law
Satisfied Customers: 4869
Experience:  Bachelor of Laws (dist) Graduate Diploma in Legal Practise. Admitted NSW Supreme Court / High Court
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This year, for the first time, the CSA has added my rental

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This year, for the first time, the CSA has added my rental property LOSSES ($15,000) onto my adjusted taxable income shown on my notice of assessment ($90,000).

ie: for child support calculations, the CSA have calculated my income as $90,000+$15,000=$105,000.....but the $15,000 is a rental proprty LOSS!

Is this correct and why have they not done this in previous years?

Thank you in advance

best regards,

Simon Gray

The legislation has not changed with respect of child support.

They must calculate the amounts with the rental property issue.

Accordingly, they miscalculated prior payments it seems if your loss is consistent.

I would speak with them and also with the ombudsman.

Please accept.
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