Inner City Pub Leasehold Fitout

A Case Study of savings from our expertly prepared Depreciation Schedule.

The facts, and figures

Brendan’s company obtained the leasehold for this Inner-City Pub located in Sydney for $500,000 in 2020.

The leasehold had a partially fitted-out bar.  Brendan’s company completed a new fit-out costing approximately $525,000.

The property has multiple bars and food.

The outcome

Brendan engaged Capital Claims Tax Depreciation to prepare a tax depreciation schedule. In the first financial year Brendan claimed $166,674.  Over the first full five financial years Brendan claimed $351,755 in tax depreciation deductions.  Total tax depreciation claimed for life of report $714,096.

Project Data

Client name:

Brendan

Asset:

Inner City Pub leasehold

Purchase Price:

$500,000

Year Purchased:

2020

First Year Claim:

$166,674

Claimed over 5yrs:

$351,755

Claimed in total:

$714,096

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