Tax tips - plant and equipment depreciation deductions

When your specialist quantity surveyor tells you that you can claim depreciation on almost anything, they mean it. You can claim depreciation on your investment property’s walls, furniture to its mailbox and the kitchen sink. One of the most versatile areas of depreciation is plant and equipment deductions. 

Before we dive into the details of plant and equipment, what is property depreciation? 

Property depreciation is the natural wear and tear…