What is Property Tax Depreciation?
A tax depreciation schedule is an Australian Taxation Office (ATO) complying document that helps property investors unlock the tax deductions available to them. A schedule captures the wear and tear of a building over time. The ATO classifies this wear and tear as an expense to investors which they are entitled to claim as a tax deduction.
Talk to one of our friendly qualified quantity surveyors to organise your personalised depreciation schedule or simply get a free quote.