BMT

What is depreciation? As a building gets older and items within it wear out, they depreciate in value. The Australian Taxation Office (ATO) allows property investors to claim a deduction relating to the building and fixtures it contains. Depreciation can be claimed by any owner of...

Many of Australia’s 2.1 million property investors are still missing out on thousands of dollars in tax deductions each year by failing to maximise or claim depreciation for their rental investments. While changes to depreciation legislation introduced almost a year ago on the 15 of November...

BMT Tax Depreciation specialise in maximising depreciation deductions for property investors Australia-wide. The Australian Taxation Office allows the owners of all income-producing properties to claim a deduction related to the building and the plant and equipment items contained within it*. This deduction essentially reduces taxable income...

A depreciation schedule prepared by BMT Tax Depreciation helps to maximise the cash return from your investment property each financial year. To ensure that you claim the maximum depreciation deductions, a BMT Tax Depreciation Schedule lasts for the life of the property, or forty years as...

When it comes to claiming depreciation deductions for qualifying plant and equipment assets*, property owners should be aware of certain tactics which can increase their deductions sooner. This will increase their annual cash flow and allow them to realise the benefits from their investment property sooner. One...

Depreciation is a complex area, so unless you’re a specialist Quantity Surveyor or a qualified Tax Accountant, it can be hard to wrap your head around it. As such, investors miss deductions all the time, meaning they could be losing out on thousands of dollars. Research shows...

Are you an investor who’s heard about the benefits of depreciation and have decided to start claiming? That’s great news for your investment. Claiming depreciation will help you maximise the cash return from your investment property. As a non-cash deduction, depreciation is a quick win for investors...

Many Australian farmers have been doing it tough of late, with drought declared across much of New South Wales and Queensland. Farmers should be aware that they’re entitled to claim depreciation deductions for income producing structures and assets found on their properties. In this 6-minute video,...

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