Below you'll find a list of all posts that have been tagged as “Depreciation”
On 12 March 2020 the Morrison government announced the details of it’s coronavirus stimulus package designed to support confidence, boost investment and keep Australians in jobs. Here are the six key elements of the government’s plan: An increase in the instant asset write-off scheme. The threshold jumps from $30,000 to $150,000 until 30 June 2020. A 50% accelerated depreciation deduction. Business will …
Many investment property owners are missing out on substantial tax deductions every year because they are simply not aware of all their depreciation entitlements What is a Depreciation Deduction? Depreciation is the reduction in value of an asset that occurs over time due to everyday wear and tear. Savvy Property Investors know this and claim tax deductions for that decrease …
