The changing nature of depreciation

The changing nature of depreciation

by | Nov 9, 2018 | Blog

Depreciation claims still strong despite changes During the 2015-16 financial year, just under 3 million property investors claimed deductions relating to their rental property. Of these investors, 1,381,138 claimed an average capital works deduction of $2,326. This...
Where do your clients go wrong with depreciation?

Where do your clients go wrong with depreciation?

by | Mar 17, 2017 | Blog

While accountants are familiar with property depreciation and the rules that should be followed when lodging their clients’ annual income tax assessments, the same can’t always be said for rental property owners.Depreciation, which is a non-cash deduction relating to...