Property Depreciation Schedules - The New reality

The future of office buildings…

Is the office as we know it dead? MUCH has been said about the future of workplaces since COVID-19 forced some major changes to office life as we know it,  kicking flexible work practices into gear. At this stage, no one really knows how offices will look in the future as uncertainty still abounds, but […]

Commercial Space Deductions

Make Sure You Claim All Depreciation on Your Commercial Real Estate If you’re thinking about buying commercial real estate in Melbourne, you need to prepare yourself. Many people fail to claim the commercial tax deductions in Australia that are due to them. This results in thousands of lost dollars. You can claim for all sorts […]

New Tax Deductions for Small Businesses

Joe Hockey delivers early Christmas present via tax deductions for small businesses. Small businesses with a turnover of less than $2m can now claim an immediate tax deduction when purchasing plant and equipment valued under $20,000. This new tax break will deliver an early Xmas present to fit-out contractors who specialise in restaurant and small […]