A: Last Updated 13 February 2015

The capital works deduction relates to the building structure and is a fixed amount that can be claimed per year on all applicable building structures for up to forty years. Plant and equipment items or the buildings’ fixtures and fittings have varying effective lives and therefore can be depreciated at an increased rate. Keep reading for more information on plant and equipment items.

Unable to find what your looking for?

Ask a question or search more topics

Talk to a depreciation specialist on 1300 728 726, email info@bmtqs.com.au, contact us now via LiveChat or simply request a quote and we’ll be in touch.