Tax Depreciation Schedules

Everything you need to know about completing a Tax depreciation schedule

Catalyst, The Property Experts:

Helping you understand Tax depreciation schedules and ensuring you never pay too much tax!

By employing an expert in tax depreciation, you'll never pay too much tax again. If you’re an investment property owner and haven’t already completed a Tax Depreciation Schedule, chances are, you could be missing out on thousands of dollars worth of tax deductions.
Catalyst Property Services facilitates the completion of Tax Depreciation Schedules in an accurate and timely fashion, completing a professional and customised schedule that provides you with the maximum amount of tax deductions with a minimum amount of fuss.
By clicking on our online quote Catalyst will provide you with a written quote in a format of your choice and at a very competitive price. Whether you own one, two or twenty investment properties, Catalyst will provide you with a timely and efficient service.

What is depreciation?

Capital Assets owned and used for producing income, which include Investment Properties are depreciating assets. These types of assets lose value over time. The Australian Tax Office recognises this and the cost of capital assets used in producing your assessable income can be written off over a period of time in the form of tax deductions.

Tax Depreciation Inspections

Many property investors are discovering the financial benefits brought by depreciating their rental portfolio. Catalyst Property Services offers sound professional advice in the preparation of tax depreciation schedules to maximise your financial return. We stay up to date with changes to tax legislation in order to offer you current and accurate advice on tax depreciation in accordance with recommendations prepared by the Australian Institute of Quantity Surveyors and in conjunction with the Australian Taxation Office.

Tax depreciation schedules can be prepared to assist with the marketing of a project and at the completion of construction for handover to purchasers. We can also prepare tax depreciation schedules for existing properties that will, depending upon a building’s age, be assessed upon legislation current when the investor purchased the property and when it became available for income producing purposes. Our reports provide a detailed 10 year analysis of the depreciable items, as well as the Division 43 Capital Works deduction summarised over 20 years, and our fees are fully tax deductible.

More than just tax depreciation experts:

At Catalyst our property services expertise extends beyond tax depreciation to all fields including building cost estimates, building insurance replacement cost estimating, sinking fund forecasting, bills of quantities and much more. This allows us to offer both large and small clients a holistic property service, making it easier for you to be successful in the property market.