We're well into Spring now and on our way to Summer and the Capital Claims Team has been flat out assisting more property investors than ever to improve their cash flow using the benefits of depreciation. Read about why the budget change has had little impact on investors below. Also this issue we delve into the commonly missed area of depreciating a business fit-out. So many businesses, especially small businesses, are missing out on massive deductions as they just don't know better, read more below. Finishing off with two good news announcements - check them out below!
Happy reading, Mark Wilkins and the Capital Claims Tax Depreciation team!
Budget changes haven't deterred smart investors from purchasing depreciation schedules
Despite broader industry concerns early on, smart investors still understand the value of a depreciation schedule for their investment property and demand for our services keeps growing.
Many businesses, especially small businesses are not maximising the depreciation entitlements that come with accurately reporting the capital works and depreciation deductions available in their business fit-out. Also, check out the tip to keep in mind when purchasing a new business...
Happy 9th birthday to us!
Capital Claims Tax Depreciation was launched 9 years ago on November 1st 2008!! Happy birthday to us! Thank you to everyone who has been part of our Capital Claims family over the last 9 years - without you we wouldn't be here, bigger and better than ever. A big shout out to all of our awesome partners and referrers, we love serving you and your clients every day, and to all of our investor clients - we love you! We hope your investment property journey is helping you to create the life of your dreams
We are very proud to again be associated with this awesome charity, Charlie's Run 4 Kids. Every year we are blown away by the courage and generosity of this crew, inspired by the brave and very cherished little Charlie. The run kicked off November 1st this year, and concludes on November 5 with a family day at Lydon Oval Dudley, NSW.
Mark is an expert quantity surveyor, business owner, public speaker and property developer. With 20+ years experience in the construction and quantity surveying industry Mark’s specialist expertise have been sought in consultant capacity by professional bodies such as the National Institute of Accountants and the National Tax and Accountants Association, and he has presented at various property and tax seminars and expos nationwide. Mark holds a Bachelor of Construction Management from the University of Newcastle, is an affiliate member of the Australian Institute of Quantity Surveyors and a Registered Tax Agent.View all posts by Mark Wilkins