A Tax Depreciation Schedule Could Save Your $1,000S On Your Next Tax Return

When a building gets older and items within it wear out, they depreciate in value. The Australian Taxation Office (ATO) governs legislation that allows owners of any income producing property to claim a tax deduction for this wear and tear.

A Depreciation Schedule ensures maximum property tax deductions

Investment properties are a great way to secure your financial future. As an Informed investor you’ll want to take advantage of all of the tax benefits that are available to residential property investors. Depreciation can be a huge tax deduction and many people that are less informed than you, forget to claim it. Who wants to pay more tax than they need to?

A tax depreciation schedule is a document that lays out the exact amount of tax deductions for depreciation that you are entitled to claim. Your accountant will use it year after year to ensure you’re claiming the all the deductions that you’re entitled to.

A Depreciation Schedule runs for 20 years for once-off 100% tax deductible fee. Your annual tax deductions can help you cashflow your property. Don’t be one of those investors who fails to claim depreciation deductions.

Our team can provide you with a comprehensive Depreciation Schedule that your accountant will love, and all of the information you need to know with regards to your tax deductions.