Warehouse

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

The facts, and figures

Ali’s company owns a near new warehouse, which was purchased for $550,000 in 2021.

It is a tilt-up construction with office space.

The warehouse has some external common areas, no additional fit-out included.

The outcome

Ali engaged Capital Claims Tax Depreciation to prepare a tax depreciation schedule. In the first year Ali claimed $13,590.  Over the first full five financial years Ali claimed $47,360 in tax depreciation deductions.  Total tax depreciation claimed for life of report $298,000.

Project Data

Client name:

Ali

Asset:

new warehouse

Purchase Price:

$550,000

Year Purchased:

2021

First Year Claim:

$13,590

Claimed over 5yrs:

$47,360

Claimed in total:

$298,000

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