Property depreciation

What is property tax Depreciation?

Capital Works – Div 43

Property Tax Depreciation is the useful life of an asset from inception. Capital works or building asset write-off is the time allowed to depreciate the construction cost of residential or commercial property. Depending on when construction commenced, this will determine the rate and the number of years of allowable depreciation.  Depreciation expense can be claimed as a tax write-off come tax time.

Plant and Equipment

Div 40

These assets are items that do not form part of the fixed premises and can be separately identified. They are not part of the structure of the building and can be easily replaced or removed. Plant and Equipment can be depreciated for rental properties and can also be claimed as a tax write-off.

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Depreciation Packages

Depreciation Package
PLUS

$550

plus GST
  • Quantity Surveyor Full Depreciation Reports
  • 40 Year Depreciation Report
  • Prime Cost vs Diminishing Value
  • Low Cost & Value Pooling
  • Director Sign Off
  • Photos of Property
  • Property Research/Analysis
  • RP Data
  • Emailed to you or your Accountant
  • ATO Compliant
  • On average, clients receive a return of 10 X their fee
  • We can estimate your tax return over the phone

Depreciation Package
STANDARD

$495

plus GST
  • Quantity Surveyor Full Depreciation Report
  • 40 Year Depreciation Report
  • Prime Cost vs Diminishing Value
  • Low Cost & Value Pooling
  • Director Sign Off
  • Property Research/Analysis
  • Emailed to you or your Accountant
  • ATO Compliant
  • On average, clients receive a return of 10 X their fee
  • We can estimate your tax return over the phone