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Well, there are two components when claiming industrial property depreciation.
Firstly, there is the building allowance component which you claim at 2.5% or 4% per annum.
The other component of industrial property depreciation when it comes to warehouses is what is known as the Plant & Equipment. This relates to things like fire extinguishers and the automatic roller door motor.
These items depreciate at a faster rate than building allowance items, which is includes bricks, concrete and other structural elements.
The price will vary depending the size and scope of the warehouse, as well as its location. Contact Washington Brown for a free, online quote.
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