If you are renting out a holiday home then you should apply the principles that apply to a rental property:
Your rental income is assessable
Rental expenses are apportioned on a time basis, as the proportion of the income year it was rented out or was genuinely available for rent
Deductions for the proportion of expenses that relate to the private use by you, your family, your relatives and your friends free of charge cannot be claimed
For guidance and advice in regard to what you can and cannot claim, contact DD’s Taxation and Accounting Centre.