Large Country Pub

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

The facts, and figures

Tom’s company owns a large country pub, located in Wagga Wagga

The pub has had multiple updates and refits over the years prior to purchase in 2020

The large commercial property is freehold & leasehold, has multiple bars, bottle shop, gaming facilities, bars and accommodation

The outcome

Tom engaged Capital Claims Tax Depreciation to prepare a tax depreciation schedule. In the first year Tom claimed $135,557.  Over the first full five financial years Tom claimed $597,037 in tax depreciation deductions.  Total tax depreciation claimed for life of report $1,188,521

Project Data

Client name:

Tom

Asset:

Large Country Pub leasehold

Purchase Price:

Leasehold purchased for $1.9 million and Freehold purchased for $3.7 million

Year Purchased:

2020

First Year Claim:

$135,557

Claimed over 5yrs:

$597,037

Claimed in total:

$1,188,521

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