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Accountant compiling a tax return
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Understanding how depreciation works is crucial for a strong return on investment. Photo: Shutterstock

Tax tips: 10 must-know depreciation terms

You don’t need to be a depreciation expert but understanding some of the key concepts surrounding this complex area of taxation can help your ongoing investment strategy. 

1. Capital works deduction

This is the depreciation deduction you can claim on the structural component of the building and an…