Given the circumstances in which the Australian Government had to hand down the budget speech last year, there was a feeling of relief in the air when the 2021-22 Federal Budget was given on 11 May.  This year’s budget has…

The low value pool deduction is a clever strategy that lots of property investors don’t realise they can take advantage of come tax time. So what can you do to make sure that you can keep more money in your…

As property investors, there are a myriad of documents required at the end of the financial year to maximise your cash flow from a tax perspective. Depreciation is the second largest property expense after interest charged by lenders and can…

Improvements, repairs and maintenance. All sound similar but are treated differently by the Australian Tax Office (ATO). When you buy an investment property, particularly a second-hand property, you’ll quickly find out that there are all sorts of costs that you’ll…

As an investor, you may have recently come to terms with depreciation and may have been unaware that you were entitled to claim deductions on your rental property. You may have thought your property was too old when it actually…

A recap of the year that's past with changes to Plant and Equipment Depreciation As we approach the end of financial year for 2018, Duo Tax Quantity Surveyors look back to see the impact and reach of legislation. In summary,…