What is Tax Depreciation

Depreciation is the wear and tear of a building and the fixtures and fittings within it. The Australian Taxation Office (ATO) allows investment property owners to claim this depreciation as a deduction in their annual tax return, reducing their taxable income and hence paying less tax.

You can download your special reduced fee application form here or use the depreciation calculator below.

The calculator is based on data gained from 15 years of identifying depreciable items within a building and calculating construction costs for depreciation purposes and from preparing thousands of depreciation reports.