As many as 80% of property investors miss out on the benefits available to them by claiming property depreciation on their tax return and are missing out on significant cash returns as a result.
The Australian Taxation Office (ATO) allows property investors and commercial property owners to claim tax deductions related to the natural wear and tear of a structure and the items contained within the premises. This is called depreciation.
The Ray White Surfers Paradise Group are committed to helping their clients achieve their cash flow potential by maximising the deductions available through property depreciation.
In order to claim the maximum possible depreciation deductions, a tax depreciation schedule is needed to substantiate deductions in a tax return.
The Ray White Surfers Paradise Group have a relationship with BMT Tax Depreciation, Australia’s leading property depreciation specialists.
By using the free BMT Tax Depreciation Calculator, property owners are able to quickly calculate their likely deductions for property depreciation. Simply click the button below to calculate the likely amount of deductions that you could be claiming.
BMT Tax Depreciation’s experienced team of Quantity Surveyors will work alongside your Property Manager to arrange a site inspection of your property. They will then prepare a tax depreciation schedule outlining the available claims so that your Accountant can include this claim as part of your next tax assessment. Click the button below to request a quote today.
As a client of the Ray White Surfers Paradise Group you will receive a special reduced fee when ordering a depreciation schedule from BMT Tax Depreciation.
For a free assessment of your likely tax deductions, call 1300 728 726 and speak with a BMT Tax Depreciation specialist today.
To learn more about property depreciation and what can be claimed, please click below for educational videos, answers to frequently asked questions and more.