An indicative tax depreciation schedule is an abbreviated
version of a full tax depreciation schedule intended to be
used only as a guide. We prepare these reports for developers
in order for potential investors to be better informed before
they purchase a property with regards to depreciation benefits.
They provide the investor with an estimate of the
entitled tax depreciation claim. While all reasonable care
and attention has been taken in the compilation of these documents,
they are not to be relied upon to prepare a tax return nor
should they be used for investment purposes.
The reports have been prepared from incomplete data and estimates
and provide only a broad range of figures which are intended
to be indicative and not precise.
Property Wealth Australia Pty Ltd make no representations
or warranties about the documents accuracy, reliability, completeness
or suitability for any particular purpose and disclaim all
responsibility and liability (including without limitation
liability in negligence) for all claims, expenses, losses,
damages and costs which you may incur as a result of the data
being inaccurate or incomplete in any way.
The depreciation rates utilised in the indicative calculations
have been taken from the current published data issued by
the Australian Taxation Office (ATO) which are subject to
change.
Cost values utilised for calculations contained in the reports
are an approximation only and will vary once construction
has been completed.
A detailed taxation depreciation schedule illustrating separate
values of all commonly owned plant and equipment, privately
owned plant and equipment, accurate construction costs and
the correct entitlement of the construction allowance will
be required in order to lodge a successful claim with the
ATO.
By entering the required access codes, you acknowledge that
you understand and accept the above.
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