On the 18^th August 2014, the ATO released an article highlighting the plan to investigate and analyse rental property deductions.

Within the article, the ATO states they will be reviewing and ensuring each property investor has correctly apportioned property depreciation allowances.

We continually strive to educate all investors the difference between capital improvements, repairs and maintenance items and also clarify which are structural improvements. Our reports have highlighted these costs in the correct categories for the last 24 years.

Our services are carried out by our in-house specialist tax surveyors who are all accredited tax agents (Tax Agents Services Act 2009) for the purposes of preparing depreciation schedules. Our in-house research enables us to keep at the forefront of the ATO requirements. This enables our clients to maximise their position with the surety that they comply with the tax act. Continue reading →