Changes to Residential Tax Depreciation following the 2017 Federal Budget

In their wisdom the government is trying to do their bit for housing affordability. I am not going to even try and discuss how making investment property less attractive to investors will increase affordability…


The main change:



Anyway, the good news:







So in summary, A Tax Depreciation Report will still be of significant benefit to most investors, however the amount of the benefit may be reduced.


A Tax Depreciation Report is still a 100% deductable, one-off, expense and is generally recouped in the first few months of depreciation benefits available.


Neil Richardson has been preparing depreciation schedules for over 20 years and inspects every property himself. No middle-man. No sending data off-site for preparation. Contact Neil with any queries regarding how a Tax Depreciation Report may be of benefit.

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