ATO to tackle Property Investor’s Rental Deductions

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

Within the articlethe 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.

Registered agent symbol PNG colour reducedOur 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.

Our experience in preparing property depreciation reports means you can be confident that the deductions you are claiming are correct.  Please don’t hesitate to contact one of our Registered Tax Agents.

Refer to this link for more information on this article.

Paul maz

 

 

 

 

 

 


Contact Us Now:

Property Depreciation & Insurance
MELBOURNE
John Mathew – 03 9915 6300 – jmathew@napierblakeley.com
SYDNEY
Peter Guerra – 02 9299 1899 – pguerra@napierblakeley.com
Peter Osborn – 02 9299 1899 – psoborn@napierblakeley.com
BRISBANE
Paul Mazoletti – 07 3221 8255 – pmazoletti@napierblakeley.com
NATIONAL RESIDENTIAL MANAGER
Kath Hemphill – 1300 730 382 – khemphill@napierblakeley.com

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