Muscle up and wrestle your tax back…
It’s here again, the end of the financial year, a time for collating all of the financial happenings over the past 12 months and thinking about new beginnings from 1st July. Or as is the case for many in the property industry, preparing accounts and reports for share holders, as it is just the beginning of the reporting period.
Napier & Blakeley are the original experts in property depreciation deductions – we will make sure that you do muscle up and receive the maximum benefits available to you through depreciation and capital allowances. Our experience is second to none in the market place and our track record speaks for itself. So let us wrestle on your behalf.
It’s at this time every year that we provide an update of the legislative goings on in the accounting area of property depreciation and over the past 12 months there have been a few. Continue reading
Is your existing Depreciation Schedule just a Placebo ?
There have been a few movements in the area of depreciation over the 2010/11 financial year overall, though there are not that many changes over the past 12 months that you should be concerned about… or is there?
Below is an example of a depreciation schedule, a client asked Napier & Blakeley to provide a health check on, with regard to the dollar value of their depreciation claims.
This property relates to a strata property purchased in a capital city CBD area, the building was a number of years old.
The numbers below are the actual figures.
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