Inner City Pub

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

The facts, and figures

Nick’s company owns an Inner-City pub, which was purchased for $10 million

The Inner-City Pub has had multiple updates and refits over the years prior to purchase in 2021

The large commercial property is freehold & leasehold, has multiple bars, gaming facilities and food

The outcome

Nick engaged Capital Claims Tax Depreciation to prepare a tax depreciation schedule. In the first year Nick claimed $228,397.  Over the first full five financial years Nick claimed $941,117 in tax depreciation deductions.  Total tax depreciation claimed for life of report $1,533,560.

Project Data

Client name:

Nick

Asset:

Inner-City Pub

Purchase Price:

$10 million

Year Purchased:

2021

First Year Claim:

$228,397

Claimed over 5yrs:

$941,117

Claimed in total:

$1,533,560

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