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PropertyWealth Depreciation Schedules
Many investors are able to improve the return on their property
investment and produce a healthier cash flow by maximising
the available tax deductions.
 At Property Wealth our core focus is on preparing Taxation
Depreciation Schedules for property investors. Our research
is ongoing, keeping us up to date with the continually changing
legislation that relates to construction and depreciation
claims.
Our Taxation Depreciation Schedules are prepared in accordance
with the current legislation and do not exceed the boundaries
of the law.
Download Residential
Rental Property Items (PDF)
For the Investor
Does your income producing building/investment property qualify for the Division 43 Construction Allowance? The Division 43 Construction Allowance qualifies if your residential investment property was built on or after 18 July 1985 and amounts to either 4% or 2.5% of your portion of the construction costs of the whole unit complex or dwelling. In addition, structural improvements such as concrete driveways, fencing, clothes lines etc can also be claimed where construction commenced on or after 27 February 1992.
Please refer table below to see if you qualify. Commencement dates refer to the actual construction start date.
Building Classification |
Rate |
Commencement Dates |
Traveler Accommodation |
2.5% |
21 Aug 1979 to 21 Aug 1984 |
| (Hotels, Motels) |
4.0% |
22 Aug 1984 - 15 Sep 1987 |
| |
2.5% |
16 Sep 1987 - 26 Feb 1992 |
| |
4.0% |
27 Feb 1992 - present |
| |
|
|
| Manufacturing |
2.5% |
20 Jul 1982 - 21 Aug 1984 |
| (Building used for processing of raw materials etc.) |
4.0% |
22 Aug 1984 - 15 Sep 1987 |
| |
2.5% |
16 Sep 1987 - 26 Feb 1992 |
| |
4.0% |
27 Feb 1992 - present |
| |
|
|
| Non Residential |
2.5% |
20 Jul 1982 - 21 Aug 1984 |
| (Commercial,industrial, retail) |
4.0% |
22 Aug 1984 - 15 Sep 1987 |
| |
2.5% |
16 Sep 1987 - present |
| |
|
|
| Residential |
4.0% |
18 Jul 1985 - 15 Sep 1987 |
| (Dwellings, units, townhouses) |
2.5% |
16 Sep 1987 - present |
| |
|
|
| Structural Improvements |
2.5% |
27 Feb 1992 - present |
| (Fences, paving, retaining walls,septic tanks,water tanks etc.) |
|
|
| |
|
|
|
