Mark Wilkins

Recent Posts

Bought an investment property late this financial year? Make it count, claim your deductions!

It doesn’t matter when you bought your rental property – even if it's just a couple of weeks out from the end of the financial year – it’s always worth getting a depreciation schedule done sooner rather than later.

May 16, 2019

Tips for small businesses to maximise asset related tax deductions

Cash flow is the lifeblood of any small business.  Whilst we spend and work hard on generating revenue every month to boost the bottom line, one of the easiest things we can do as a small business is to maximise the tax deductions available to us[...]

April 18, 2019

Can investors claim depreciation on second-hand properties since the legislation change in May 2017

The short answer is yes!  In many cases investors who purchase second-hand properties after May 2017 can still claim some substantial deductions for depreciation, despite many investors and their advisers believing otherwise.

April 17, 2019

Instant asset write-off increased and expanded

After much speculation around just what the 2019 Federal Budget would include, on the 2nd of April 2019, the Federal Treasurer - Josh Frydenberg announced among other things, "additional tax relief for 3 million small sized businesses".

April 16, 2019

Depreciation Podcast - Get to the Contest with Warwick Jackson

April 12, 2019

Depreciation for commercial properties

Many businesses, small and large, are in the process of finalising their business and individual financials for lodgement with the ATO over the next few months.

February 05, 2019

Instant asset write off extended and increased

Despite 12 months of campaigning by Council of Small Business Australia (COSBOA) and Australian Chamber of Commerce and Industry the government has not given Australia in to pressure to make permanent the instant asset write off scheme for small[...]

February 04, 2019

Property Investor Community is Switched On

We have written previously (and endlessly) about “The Budget Announcement that was made in May 2017, and how some in our industry perceived it to be “doom and gloom”. We didn’t agree with that line of thought and believed it was a matter of time[...]

October 26, 2018

What tax depreciation deductions can I claim from my brand-new investment property?

If you have purchased or want to purchase a brand-new house or unit, there are great tax depreciation deductions claimable to you!

October 25, 2018

Repairs, Maintenance vs Capital Improvements

Investors often confuse repairs and maintenance and capital improvements. Both are legitimate tax deductions, but they are treated differently when recording your deductions for tax purposes each year.

October 24, 2018
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