After much initial angst back in May, we have seen little difference in investor demand for depreciation schedules, with schedules requested from Capital Claims Tax Depreciation to be greater over the May - September period than compared with the[...]
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[...]
Please note: this article has been updated following release of the Draft changes to legislation.
Click here to read the updated version of this article.
We were anticipating a show of commitment to address housing affordability in Tuesday[...]