Changes announced in budget have made little impact on depreciation claims

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[...]

November 01, 2017

How the experts use depreciation to maximise cash flow from their investment property

Pick your favourite property expert and check out their advice regarding the benefits of claiming depreciation on their investment properties.  Whether you follow Margaret Lomas or Michael Yardney, or you prefer Cam McLellan, or Jane Slack-Smith,[...]

September 19, 2017

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

Changes to Residential Plant and Equipment Depreciation Following 2017 Budget

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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
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