Capital Gains Tax And Tax Depreciation

Investors often inquire about how claiming depreciation on a rental property will affect Capital Gains Tax (CGT) when they eventually sell the property. Understanding CGT can be challenging for investors, as the outcome may vary depending on the circumstances of the individual investor. CGT was introduced on September 20, 1985, and is the tax payable on the difference between the purchase cost of an asset ...

13/03/2023 / Budget Tax

What is negative gearing ?

Negative gearing is a property investment strategy in Australia that allows property investors to offset any rental losses they incur from an investment property against their taxable income. This means that if the expenses associated with a rental property, such as tax depreciation, mortgage interest, property management fees, and maintenance costs etc, exceed the rental income generated from the property, the investor can claim the ...

05/02/2023 / Budget Tax

Tax Depreciation In Australia

Tax depreciation is an important aspect of accounting for businesses and individuals in Australia. It refers to the process of calculating the decline in value of an asset over time for the purpose of claiming tax deductions. In Australia, the Australian Taxation Office (ATO) allows for the depreciation of assets used for income-producing purposes. These assets can include things like buildings, machinery, equipment, and vehicles ...

21/01/2023 / Budget Tax

Tax Depreciation and the National Disability Insurance Scheme

Building a house or apartment suitable to be rented to participants of the NDIS can be a profitable investment. There are 4 different levels of building design that needs to meet the requirement of the NDIS and they begin with the most basic model to the high support one which is almost at hospital level. Improved Liveability Robust Fully Accessible High Physical Support The NDIS ...

24/03/2021 / Budget Tax

Tax deductions for Granny Flats

Granny Flats have become a popular way to add value to existing properties by utilising unused land. They are usually built at the rear of the existing house and are not individually titled. Granny flats are usually one or two bedrooms up to 60m2 in floor area. Not only can you rent them out but you can also claim legitimate tax deductions or depreciation on ...

04/09/2019 / Budget Tax

GET IN TOUCH WITH US TODAY

When you want the very best, contact Budget Tax Depreciation. Let us show you how we can not only save you money on your taxes but also get your highest, healthy refund at the end of the year.

We provide Tax Depreciation Schedule services to: Brisbane, Sydney, Melbourne, Gold Coast, Sunshine Coast, Ipswich, Springfield Lakes and North Lakes.

Phone: 1300 884 215
Email:
Address: 13 Hubbard Street, Wavell Heights, Brisbane, QLD 4012

When you want the very best, contact Budget Tax Depreciation. Let us show you how we can not only save you money on your taxes but also get your highest, healthy refund at the end of the year. We provide Tax Depreciation Schedule services to: Brisbane, Sydney, Melbourne, Gold Coast, Sunshine Coast, Ipswich, Springfield Lakes and North Lakes.

Tax Depreciation in the Gold Coast, Suite 30610, Level 6, Southport Central 3 Commercial, 9 Lawson Street, Southport, QLD 4215, https://budgettaxdep.com.au/gold-coast-best-tax-depreciation-service-provider-1-rated/
Tax Depreciation in Brisbane, 13 Hubbard Street, Wavell Heights, QLD 4012
Tax Depreciation in Brisbane , 8 Bluegum Rise, Anstead, Qld 4070
Tax Depreciation in Sydney, Unit 42, 1-5 Collaroy Street, Collaroy, NSW 2097
Tax Depreciation in Melbourne, Unit 9, 440 Collins Street, Melbourne, VIC 3000

Phone: 1300 884 215 | Address: 13 Hubbard Street, Wavell Heights, Brisbane, QLD 4012

Phone: 1300 884 215
Address: 13 Hubbard Street, Wavell Heights, Brisbane, QLD 4012