Insights and News
Capital Gains Tax: Capital Loss and Equipment Depreciation Schedules
What is Capital Gains Tax? Capital Gains Tax (CGT) is a form of income tax that a property owner is liable to pay within the financial year of selling their property. When selling a capital asset, shares or real estate, you usually make a capital...
Unlock Tax Benefits with a Tax Depreciation Schedule
A Tax Depreciation Schedule empowers investors by turning property value depreciation into tax deductions. As time passes and buildings age, their worth declines, including the contents within. This schedule estimates the depreciation and...
Tax Depreciation: What Are the Changes, and Who Is Affected
As the Treasury Laws Amendment Bill 2017 was passed on the 15th of November 2017, important changes were made to the Income Tax Assessment Act 1997. It now denies property investors from claiming income tax deductions for the decline in value of...
Tax Depreciation: Understanding What You Can Claim
Understanding what you can claim is the first step towards maximising your return with a Tax Depreciation Schedule. The Australian Taxation Office (ATO) has recognised that the value of capital works (Division 43) gradually reduces over time and...
How to Apply for Tax Depreciation
We aim to provide easy-to-use application forms for all of our services. Our tax depreciation application forms are no different. Our new application forms are interactive PDFs, eliminating the need for scanners and printers, enabling you to...
Insuring Heritage Impacted Buildings
The NSW Government has regulations in place to protect historic properties/heritage buildings with special architectural or historic interest. Where a building has been officially listed as a heritage item, legislation may prevent or limit the...