The Australian Taxation Office (ATO) allows commercial property owners and tenants to claim tax depreciation for the wear and tear of their building, and for the depreciation of their plant and equipment assets over time. What many commercial[...]
As referred to in previous articles click here, the amendments to legislation about claiming depreciation has changed the timing of claims for second hand Division 40 assets. Previously, the depreciation deductions for these assets could be[...]
April 24, 2018
Does the change in legislation affect your ability to claim depreciation on your investment property this year?
February 20, 2018
Still not sure how the new legislation affects investors ability to claim depreciation?
Every day we are fielding questions from investors and their advisers who are unsure if they should be claiming depreciation on their investment property[...]
February 19, 2018
We are thrilled to announce that we have won a significant contract with Fraser’s Property Australia and are now partnered with them through the My Prosperity Membership Rewards Program!
February 19, 2018
Medical and dental practitioners often aren't considered small business operators in the traditional sense, and we often hear they would rather have their own teeth pulled than have to get too involved in their businesses accounts - after all[...]
February 19, 2018
Welcome to our monthly rockstar Q&A style blog "Moving Spotlight". Each month the spotlight moves to another rockstar industry professional. In the spotlight this month is, drum roll please.........
December 14, 2017
On the 15th November 2017, Senate passed the anticipated legislation that limits the ability of investors to claim depreciation on second hand assets acquired in investment properties purchased after May 9, 2017.
December 11, 2017
Welcome to our monthly rockstar Q&A style blog "Moving Spotlight". Each month the spotlight moves to another rockstar industry professional. In the spotlight this month is, drum roll please.........
November 29, 2017
