Depreciation Schedules Byron Bay, Ballina – Washington Brown

Do you own investment property in Northern NSW?

To maximise your property tax savings on your Northern NSW-based investment property, you have come to the right place. We service all of Northern NSW and nearby areas, including Ballina, Byron Bay, Lismore, Yamba, Tweed Heads, Lennox Head, Macksville, Grafton, Bangalow, and Mullumbimby.

For over 40 years, Washington Brown has offered depreciation services and advice to property investors in Byron Bay and its surrounding areas.

We are experts in property tax depreciation, ATO regulations and tax law and certified quantity surveyors. We have experience in all property types – residential, commercial and industrial property depreciation.

How can I maximise my savings on my Byron Bay and Ballina property?

A professionally prepared tax depreciation schedule can save you thousands in tax savings. Investment property owners have the legal entitlement to claim depreciation on their investment property against their taxable income.

Some critical property depreciation facts:

• All properties, irrespective of age, qualify for depreciation. Whether you own a new or second-hand property, you can claim some depreciation allowance.
• If you have not been claiming, you can backdate your depreciation claims.
• How much will I save?

Try our exclusive FREE online tax depreciation calculator on this page. You’ll get an estimate of your potential tax savings in a few short clicks.

Why use a Quantity Surveyor to prepare your depreciation schedule?

The Australian Taxation Office 1997 published a ruling that stated that Expert Quantity Surveyors are the appropriate body to prepare depreciation reports.

Your accountant, property manager, nor real estate agents cannot provide a cost of construction where the costs are unknown. That’s where we come in because that’s what you will be depreciating – the construction cost.

What can I claim in a Byron Bay and Ballina depreciation schedule?

A depreciation schedule consists of two components:

The Division 43 Capital Works deduction: This relates to the structure of the building – items such as brickwork, concrete and tiling.

Plant & Equipment Depreciation refers to items that are easily removable and depreciate faster, like ovens, dishwashers, and blinds.

A depreciation schedule for your Northern NSW investment property will include the above aspects.

You won’t be alone in your choice.

Some of the biggest names in property trust us!

Why should I choose Washington Brown for my tax depreciation schedule?

• You’ll get excellent customer service
• You’ll save money. If we don’t save you twice our fee in the first year, your report will be free!
• We assess over 10,000 properties per annum for tax depreciation allowances!
• We stand by the accuracy of our tax depreciation reports
• Our team of tax depreciation experts are members of the Australian Institute of Quantity Surveyors