FACTS ON DEPRECIATION

For most property investors having the correct documentation on hand a properly completed Capital Allowance (Tax Depreciation) Schedule is the only thing stopping them having the ability to maximise taxation benefits.

Most properties constructed after 17 July 1985 (residential) and 20 July 1982  (non residential) are eligible for construction write-off allowances from the Australian Taxation Office (ATO).

Any buildings, regardless of age, will attract depreciation and the building write-off allowance if refurbishment works have been undertaken.

Did you know that the legislation allows for assessments being made for up to four years of missed claims?

To order your depreciation schedule, simply click the 'order' link below.