Tax Depreciation Schedules

Claim deductions for depreciation

Preparation of a tax depreciation schedule can assist the astute property investor in legitimately claiming deductions for depreciation against their rental or property portfolio to maximise our client’s annual tax returns in addition to the benefits gained through negative or positive gearing.

We prepare tax depreciation schedules that conform to recommendations of the Australian Institute of Quantity Surveyors and the Australian Taxation Office guidelines for qualifying plant and equipment, capital works allowances and external structural improvements. Furthermore we strive to stay up to date with changes in legislation that may affect what our clients can and cannot claim.

Beware of companies offering cheap or “do it yourself” imitations of well prepared tax depreciation schedules. We tailor our fees to suit the anticipated complexity of each property and individual circumstances of their ownership to deliver a product that delivers true value for money. Furthermore we inspect each property to enable us to understand the age and condition of assets, including renovations and additions in order to legitimately maximise the benefits achievable.