As the owner of an investment property you’re entitled to claim depreciation on your building and its fixtures and fittings. Claiming depreciation is a significant taxation benefit, and one which many investors are unaware of. As a building gets older and items within it wear out, they depreciate in value. The Australian Taxation Office (ATO) Read More…
Investment Properties & Tax Depreciation
Friday 25 July, 2014 by Peter Apos
Filed Under: News Tagged With: Burwood, Depreciation, investors, rental property, Tax savings
Tax Tips 2013/14
Monday 9 June, 2014 by Peter Apos
Tax Planning Strategies to Reduce your Tax As the tax you pay depends on your taxable income, increasing your tax deductions before the end of June is definitely a way to reduce your tax. With the 2013/14 end of financial year fast approaching, here are some tips you can use to minimise your tax: – Read More…
Filed Under: News Tagged With: deductions, income tax, motor vehicle log book, rental property, superannuation, tax return, work related expenses