What is Division 43 or Capital Works?

What is Division 43 or Capital Works?

"Division 43 of the ITAA 1997 provides for a system of deducting capital expenditure incurred in the construction of building and other capital works used to produce assessable income." - Australian Taxation[...]

August 31, 2017

Moving Spotlight

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.........  

August 23, 2017

Can I back-claim for depreciation on my rental property?

Yes you can back-claim depreciation of your investment property for previous years...

If you have held your investment property for a number of years but didn't realise you could be claiming depreciation on it, you have effectively over-paid your[...]

August 15, 2017

Winter Quarterly eNewsletter

Hello!

August 10, 2017

Changes to Residential Plant and Equipment Depreciation Following 2017 Budget

Download as PDF document

Recap of the changes

In the Budget announcement of May 9, 2017 the Government stated their intention to limit the deductions claimable by investors for the depreciation of their Plant and Equipment assets in residential[...]

August 08, 2017
1