Capital allowances: draft effective lives of assets used in the wool scouring industry
Happy New Year 2017 and we are off and at again, as to the ATO. The below is an update the ATO reviewed over Xmas for all our clients in the Wool Industry. These new effective lives will be introduced in July 2017.
If you have any concerns on your properties and have bought, built or demolished in the last 12 months, you may not be maximising the capital allowances deductions with the latest rates.
Please do not hesitate to give us a call and good luck for the year ahead.
They are seeking your comments on the draft list of effective lives we are releasing for assets used in the wool scouring industry.
Comments are open until 24 February 2017. Continue reading
Is your Lodgement day approaching ?
The end of the financial year has come and gone and if your tax lodgement day is approaching we can still assist you to maximise the tax deductions available on your investment property.
Not only can we assist you, we guarantee that you get maximum deductions and also be fully compliant with the A.T.O. as we are Registered Tax Practitioners.
Napier & Blakeley, the first Property Depreciation Company and still the best – just ask your Accountant.
Call Napier & Blakeley today for assistance with your Tax Depreciation Schedule or any other Napier & Blakeley services at any of our offices below:
SYDNEY
Peter Osborn
Director – NSW, ACT
o. 02 9299 1899
m. 0439 765 571
e. posborn@napierblakeley.com Continue reading
