Why it’s not too late to claim thousands
Just because June 30 has been and gone, property investors don’t need to wait another financial year to get a tax depreciation schedule - even if a schedule is ordered after the end of a financial year, depreciation can still be back-claimed.
Just because June 30 has been and gone, property investors don’t need to wait another financial year to get a tax depreciation schedule. Even if a schedule is ordered after the end of a financial year, depreciation can still be back-claimed.
First, what is a tax depreciation schedule?
A tax deduction can be claimed for the natural wear and tear, or depreciation, of an investment property and its assets over time.
A tax depreciation schedule,…
