Hero Image

Tax Depreciation Services

Tax Depreciation

Tax depreciation helps investment property owners gain more

Often investors are unaware of the significant benefits that come from claiming depreciation on their investment property. The Australian Taxation Office (ATO) allows property owners to claim depreciation deductions on the gradual wear and tear of structural items and for the plant and equipment assets contained within any income producing property.

Depreciation for income producing properties is claimable under two major components:

Capital works deduction (division 43) and plant and equipment (division 40)

Capital works deduction: Is the deduction available for the building structure and the items within it that are deemed irremovable. Plant and equipment assets: Includes assets which can be easily removed from the property. The asset’s condition, quality and effective life set by the ATO all determine the deductions available.


What is deductible under capital allowance?

  • Mortar                                                                      

  • Sinks, basins, baths and toilet bowls

  • Driveways

  • Clothes lines

  • Bricks

  • Mortar

  • Roof

  • Car parks

  • Concrete


What is deductible under plant and equipment?

  • Hot water systems

  • Heaters

  • Solar panels

  • Air-conditioning units

  • Blinds and curtains

  • Light shades

  • Carpet and flooring

  • Desks

  • Security systems



 For more information on how you are able to benefit from Tax Depreciation click here.