The depreciation estimates provided are a general guide to allow you to estimate the potential depreciation you may be entitled to claim on a property. However, these estimates are not endorsed by the Australian Taxation Office and uses general assumptions. The results of the estimates provided may differ from the final depreciation entitlements. You acknowledge and agree you must undertake your own analysis and obtain independent legal, financial and taxation advice before using, relying or acting on any information produced by this estimate.
Any information produced by the estimate concerning the anticipated future depreciation of a property is not a representation as to future matters. No representation is made that you will be entitled to claim any depreciation amount generated by the estimate and is to be used as an approximate guide.
Neither BMT Tax Depreciation, nor its directors, shareholders or advisors make any representation or warranty as to the accuracy or completeness of information produced by the estimate. Nor will they have any liability to you or any other party for any representations (expressed or implied) contained in, or any omissions from, that information.
This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value pooling. The Division 43 Write Off Allowance is calculated via the Prime Cost Method. This estimate is based upon legislation in force and information supplied at the date of estimate production.