A Case Study of savings from our expertly prepared Depreciation Schedule.
Lu’s purchased a 70sq office in a large commercial precinct in 2021 for $260,000.
An additional office fit-out was completed for $60,000.
The fit-out includes items such as A/C, paint, doors, kitchen, partitioning.
Owning even a small apportionment of common areas helped with deductions.
Lu engaged Capital Claims Tax Depreciation to prepare a tax depreciation schedule. In the first year Lu claimed $13,300. Over the first full five financial years Lu claimed $51,600 in tax depreciation deductions. Total tax depreciation claimed for life of report $259,000.
We’ll include an estimate of your potential deductions, and if we can’t guarantee a strong result, we’ll let you know up front and there will be no cost to you.