The facts, and figures
Our clients Sachin and Anjali completed a fit-out at a medium sized medical suite in 2021.
They do not own the building.
The total fit-out cost $140,000 and included a reception, 10 consulting rooms and staff facilities.
The outcome
Sachin and Anjali engaged Capital Claims Tax Depreciation to prepare a tax depreciation schedule. In the first year Sachin and Anjali claimed $20,000. Over the first full five financial years Sachin and Anjali claimed $62,720 in tax depreciation deductions. Total tax depreciation claimed for life of report $140,000.