Property Tax Deductions are available as follows:

• Depreciation of plant – such as air conditioning and mechanical ventilation, some electrical items, lighting, carpets, lifts, furniture and fittings.
• Building Structure (Capital Allowances) for investment properties constructed after July 1982, or for refurbishment, renovations, additions alterations after that date.

Now answer these questions…

1. Have you got a current depreciation schedule? If not Napier & Blakeley are qualified to establish values for the depreciating assets that you own.
2. Have you bought an investment property throughout the tax year?
3. Have you altered, renovated or added to your existing investment property throughout the tax year?
4. Have you demolished all or parts of your investment property?
5. Have you changed, added to or thrown out any items of fitout or FF & E during the financial year?

The establishment of a compliant depreciation schedule allows you to calculate your entitlements to Depreciation and Capital Allowances deductions and to manage the process of change to your asset. 

Many investors simply do not claim deductions and therefore – often unwittingly – forego benefits to free cash flow they generate.

Napier & Blakeley were the first to introduce Property Tax assessments to the Australian market in 1985 and are still the leaders in this field.

We can give you an estimate of your likely levels of deduction on your investment property with no charge or commitment, simply to show you the benefits that you may be entitled to.

We are confident that you will then elect for a compliant schedule to be completed, enabling your accountant to incorporate for you to generate and defend all claims that you make.

The payback period for our fees is usually a number of months of your initial claim, so it’s true value for money – so please give us a call and we’ll help you from there.

Contact Call Napier & Blakeley today for assistance with your tax deprecition schedule or any other Napier & Blakeley services at any of our offices below:

Melbourne - John Mathew         03 9915 6300             jmathew@napierblakeley.com

Napier & Blakeley Services

• Technical Due Diligence
• Capital Expenditure Planning
• Quantity Surveying
• Strategic Asset Management
• Building & Sustainability Consulting
• Property Depreciation