In 2017, the Government brought in legislation that meant depreciation can no longer be claimed for existing plant and equipment assets within a second-hand residential investment property...
When property investors are preparing their annual income tax return, it’s important to organise a tax depreciation schedule for any recently purchased properties...
Are you a business or commercial property owner looking to make the most out of updating your fit-out or your next renovation? The key to making the most out of your spend is claiming a deduction for removed assets, this is called scrapping...