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Tax Depreciation Schedule 2018-04-19T14:40:09+00:00

Boost your tax savings

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A tax depreciation schedule is a report prepared by a qualified quantity surveyor.

It can help you maximise the tax benefits of owning residential and commercial investment property in accordance with Australian taxation legislation.

Over time, your investment property and its fittings incur wear and tear. The cost of this wear and tear is called depreciation. Depreciation of your investment property is the amount the Australian Tax Office (ATO) allows you to claim as a deduction against your taxable income.

Bricks and Mortar

Also referred to as ‘bricks and mortar’.

These items generally depreciate over 40 years and include the dwelling, garage, carport, pergolas, sheds, paving, fencing, pools, clothesline, and more.

Other Fixtures

Also referred to as ‘other fixtures’.

These items generally depreciate at much faster rates and include carpet, heating and cooling systems, appliances, smoke alarms, window furnishings, and more.

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