The Australian property depreciation industry has undergone a significant change following the liquidation of DEPPRO Pty Ltd, a long‑standing provider of tax depreciation schedules. According to ASIC’s published insolvency notices, the Federal Court issued a winding‑up order on 21 November 2025, and Alice Fay Ruhe of The Ruhe Group was appointed as liquidator.
This development has prompted many property investors, accountants, and professionals to seek clarity on what the liquidation means for existing DEPPRO schedules and the broader depreciation landscape.
Why DEPPRO Entered Liquidation
ASIC records show that the Deputy Commissioner of Taxation commenced a winding‑up application against DEPPRO on 25 July 2025, with the hearing held on 12 September 2025.
The Court later granted the order to wind up the company, and DEPPRO is now formally listed as “In Liquidation.”
No further public notices have been issued since the liquidator’s appointment, which indicates the matter is now progressing through the standard liquidation process.
What This Means for Existing DEPPRO Clients
If you previously obtained a depreciation schedule from DEPPRO, the good news is that your existing report remains valid for ATO purposes. Depreciation schedules do not become invalid simply because the provider ceases trading.
However, the liquidation does create practical challenges:
Replacement copies may be difficult to obtain
Updates after renovations may not be possible
Clarifications for accountants or the ATO may not be available
Investors may not know where their data is stored or how long it will remain accessible
These issues are common when any provider enters liquidation, as ongoing service and support are no longer guaranteed.
Impact on the Depreciation Industry
DEPPRO’s closure has created a noticeable shift in the market. As one of the more widely recognised national providers, its exit has led to:
Increased demand for alternative depreciation specialists
A rise in investors seeking second opinions or updated schedules
Accountants reassessing their preferred referral partners
Greater emphasis on provider stability, compliance, and long‑term data retention
The industry remains strong, but the event has highlighted the importance of choosing a provider with robust operational continuity.
What Investors and Accountants Should Do Now
To ensure depreciation claims remain compliant and optimised, investors may consider:
Saving secure copies of any existing DEPPRO schedules
Updating reports after renovations or improvements
Obtaining a replacement schedule if the original cannot be accessed
Seeking support for ATO queries or audit documentation
A reliable depreciation provider can assist with reviewing, updating, or recreating schedules where needed.
Need Help With a DEPPRO Schedule?
If you:
- Can’t access your DEPPRO report
- Need a replacement schedule
- Have completed renovations
- Want a second opinion
- Need support for tax time or an ATO query
Our team can help you rebuild, update, or replace your depreciation schedule so you can continue claiming deductions confidently and compliantly.
Contact us today on 1300 922 220.
FAQS
Is DEPPRO Still Operating?
No.
DEPPRO Pty Ltd (ACN 070 490 747) is officially listed as “In Liquidation” on ASIC’s published notices website. The Federal Court appointed Alice Fay Ruhe as liquidator on 21 November 2025.
Prior to this, the Deputy Commissioner of Taxation filed a winding‑up application on 25 July 2025, with the hearing held on 12 September 2025.
There have been no further public notices since the liquidator’s appointment, indicating the matter is progressing through the standard liquidation process.
Why Was DEPPRO Wound Up?
ASIC’s published notices confirm the winding‑up application was initiated by the Deputy Commissioner of Taxation.
The specific reasons behind the application have not been publicly detailed, which is common in insolvency matters.
What is publicly confirmed:
- A winding‑up application was filed on 25 July 2025
- The hearing occurred on 12 September 2025
- The Court issued a winding‑up order on 21 November 2025
- DEPPRO is now in liquidation under the management of a registered liquidator
No additional information has been published by ASIC or the liquidator.
Are Existing DEPPRO Depreciation Schedules Still Valid?
Yes.
If you previously obtained a depreciation schedule from DEPPRO, it remains valid for ATO purposes. Depreciation schedules do not become invalid when a provider ceases trading.
However, the liquidation means:
- You may not be able to obtain replacement copies
- You may not be able to request updates after renovations
- You may not be able to obtain clarifications for your accountant or the ATO
- You may not know how long your data will remain accessible
This has created uncertainty for many property investors and tax professionals.
What Should DEPPRO Clients Do Now?
Investors who previously relied on DEPPRO may need support with:
- Retrieving or replacing lost schedules
- Updating schedules after improvements
- Reviewing older schedules for accuracy
- Ensuring deductions remain maximised
- Preparing documentation for accountants or the ATO
If you cannot access your DEPPRO schedule or need an update, a new schedule can be prepared using property records, photos, plans, and other documentation.
How has the Industry Been Affected?
DEPPRO’s liquidation has created a noticeable shift in the depreciation schedule market:
- Accountants and property professionals are reassessing preferred providers
- Investors are seeking stable, long‑term support
- There is increased demand for schedule reviews and replacements
- Provider continuity and compliance have become key decision factors
The depreciation industry remains strong, but the event has highlighted the importance of choosing a provider with reliable operations and long‑term data retention.
Our team is here to make the process simple, accurate, and fully ATO‑compliant. Call us on 1300 922 220 or email info@capitalclaims.com.au to discuss your investment property today.
Get a Free Quote for a Depreciation Schedule.
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.