Income tax – bright-line test – main home exclusion – renting to flatmates

This QWBA clarifies the Commissioner’s view on how the main home exclusion to the bright-line test applies where a person rents out a room in their home to a flatmate. Generally, the fact a person rents out a room in their home to a flatmate does not preclude the main home exclusion applying and the person will not be taxed under the bright-line test.