Breaking Down Book Depreciation vs Tax Depreciation: A Guide for Businesses
October 24, 2023
Do you sometimes feel like you're solving a complex puzzle when dealing with financial terms? You're not the first business owner to feel that way, and you certainly won't be… ... continue reading
The Tax Depreciation Guide to Duplex Houses
April 8, 2021
A duplex house is among the most common dual-income investments in Australia. This is mostly because duplex houses have become one of the most popular ways to deal with housing… ... continue reading
The Tax Depreciation Guide to Granny Flats
April 7, 2021
With property prices rising, it’s easy to understand why investing in granny flats has become a popular investment strategy. In 2018, around 6000 granny flats were built in New South… ... continue reading
Duo Tax Depreciation Schedule – What You Need to Know
December 15, 2020
What is a Depreciation Schedule: A Beginner's Guide Did you know that 70% of investors in Australia don't buy a tax depreciation schedule for their investment properties? Depreciation schedules are… ... continue reading
Investment Property Tax Depreciation: 2 Crucial Things to Consider Before Living In Your New Property
May 8, 2020
There are key things to consider when we're talking about investment property tax depreciation. When you buy a new property and you're considering whether to live in it or to… ... continue reading
When is the ideal time to purchase a tax depreciation schedule?
October 15, 2019
Tax Return deadline for self-lodgements to the Australian Tax Office (ATO) For your 2018-19 tax returns, it is important to keep in mind the deadlines set by the ATO. Tax… ... continue reading
EOFY19 – Tax Depreciation Assessment
August 16, 2019
As we're not far out from the End of Financial Year, I would like to remind you to ensure all your documents are prepared prior to lodgement, this also includes… ... continue reading
Division 40 vs. Division 43 – How to Maximise Your Tax Depreciation
August 13, 2019
When it comes to claiming depreciation on your rental properties, two factors will be accounted for in a report. These are Division 40 (Plant and equipment) and Division 43 (Capital… ... continue reading
Capitalising on commercial tax depreciation
March 19, 2019
Along with residential houses, tax depreciation can also be claimed through commercial properties. As a landlord or tenant, you are eligible to claim depreciation on commercial properties. Landlords are given… ... continue reading
Tax Depreciation Legislation Changes – Recap on the year that’s passed
May 10, 2018
As we approach the end of the financial year 2018, Duo Tax Quantity Surveyors look back to see the impact and reach of legislation. In summary, most investors have no… ... continue reading
