A Case Study of savings from our expertly prepared Depreciation Schedule.
Our client Jarrad purchased the freehold for a large country pub for $9.1 million in 2020.
The large country pub has had multiple updates and refits over the years prior to purchase in 2020.
The large commercial property is freehold and has accommodation, multiple bars, nightclub, gaming facilities and food. Most of the lose fit-out ie. glassware, crockery is owned by the lessee.
Our client engaged Capital Claims Tax Depreciation to prepare a tax depreciation schedule. In the first year our client claimed $133,884. Over the first full five financial years our clients claimed $1,352,962 in tax depreciation deductions. Total tax depreciation claimed for life of report $2,440,174.
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.
Sydney:
Level 13, Suite 1A, 465 Victoria Avenue,
CHATSWOOD NSW 2072
Perth:
100 Havelock Street,
PERTH WA 6005
Canberra:
15 Moore Street,
CANBERRA ACT 2601
Hobart:
Level 3 85 Macquarie Street,
HOBART TAS 7000
Newcastle:
334 Main Road,
CARDIFF NSW 2285