Tax depreciation is the key to increasing cash flow on commercial and residential investment properties

What is tax depreciation?

Depreciation is the natural wear and tear that occurs to a building and the assets within it over time. It is generally the second biggest tax deduction for property investors, after interest.


Why should I claim?

Claiming tax depreciation reduces your taxable income, meaning you pay less tax. You may be eligible for thousands of dollars in depreciation deductions each year.

Who Can Claim?

Tax depreciation deductions are available for both residential investment properties and commercial buildings. Most properties, new and old, have depreciation available.

What can you claim?

You don’t need to spend money to claim tax depreciation. Tax depreciation deductions are split into two categories:
Division 43: Capital works deduction
Division 40: Plant and equipment depreciation

Tax depreciation schedules

A depreciation schedule is a report that outlines all available tax depreciation deductions for a residential investment property or commercial building. Most properties, new and old, have depreciation available.

A depreciation schedule will project capital works deductions and plant and equipment depreciation for the life of the property. This depreciation can be claimed in your tax return each financial year to help you save thousands.


Benefits of a depreciation schedule

Great deductions

We find clients can average almost $9,000 in first full financial year deductions.

Lasts a lifetime

Your schedule lasts a lifetime and the one-off fee is 100% tax deductible.

Claim back missed dollars

You can use your depreciation schedule to adjust previous tax returns and claim back missed dollars.

This advice is general in nature. When formal professional advice is required then such advice should be sought in writing.