Understanding Depreciation Schedules – Advice from a Sydney Accountant | |
If you own an investment property, a tax depreciation schedule can significantly reduce your taxable income—maximising your return. At Byron Accounting in Sydney, we help property investors unlock deductions through professionally prepared depreciation reports. A depreciation schedule outlines the decline in value of both the building (capital works) and its assets (plant and equipment) over time. These deductions are non-cash, meaning you don’t need to spend money each year to claim them. Once prepared by a qualified quantity surveyor, the schedule is valid for up to 40 years and can be updated after renovations. The cost is fully tax-deductible and often pays for itself in the first year. Our team partners with trusted surveyors to make the process seamless—ensuring all deductions are captured and ATO-compliant. To learn more or arrange your depreciation schedule, contact our Sydney accountants today. | |
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Target State: All States Target City : All Cities Last Update : Aug 06, 2025 2:30 AM Number of Views: 23 | Item Owner : isabella Contact Email: (None) Contact Phone: (None) |
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