Welcome to The Bill

Where has 2011 gone? It is hard to believe our favourite part of the year (tax time) is almost upon us. With this in mind we thought it was a good time to run through a few basics of depreciation - like what you can and can't claim - and give you a few tips based on our recent experience of moving office to maximise any capital works claim.

And don't forget, if you have made any alterations or additions to your investment property over the past 12 months, get a quick review of your depreciation report prior to submitting your tax return. This will ensure you're getting every last cent of depreciation you're entitled to.

Regards,

Tyron Hyde
Director, AAIQS

Does this qualify?

This is probably one of the most commonly asked questions tax depreciation experts like ourselves get asked every day from investment property owners wanting to claim construction costs as a tax deduction. Fortunately there are some construction costs you can claim but what are the four most common ones people try to claim which are not eligible? Find out here

Oops! Top 3 most commonly missed deductions

Tax time is just around the corner so now is the time to make sure you're getting every possible cent of depreciation allowances. Surprisingly, there are a number of key items investors neglect to claim and these can have a significant impact on your bottom line. What are they?

How we saved $30,000 in depreciation

Washington Brown recently moved head office and what an eye opener it was. Not only are we now located in the big smoke (Sydney CBD) as opposed to Sydney's North Shore, we had an opportunity to put our knowledge of tax law, tax depreciation and construction costs to the test. Find out how we saved $30,000 in depreciation!