"As a result of these changes, travel expenditure incurred by individual investors inspecting and maintaining residential investment properties is no longer deductible," Ms Wang said. The solicitor noted that the verdict on SMSF property travel deduction was the result of individual SMSFs' abuse of the system. Quoting the Treasury Laws Amendment Bill 2017, Ms Wang said: "The position taken was that by disallowing travel expenditure incurred by individual investors, it would combat the 'widespread abuse around excessive travel expense claims relating to residential investment properties' in order to 'improve the integrity of the tax by addressing the systematic risk of excessive and incorrect claims for travel expenses associated with residential investment properties'."
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