Division 40 vs Division 43: Capital Works and Plant and Equipment Explained
Most property investors know they can claim depreciation. Far fewer understand that there are two completely separate claims sitting inside every schedule and that missing one of them, or misunderstanding who can access it, can mean thousands of dollars left unclaimed every year. Division 40 and Division 43 are the two halves of a property […]
What is a depreciation schedule? A property investor’s guide
For many property investors, it can be one of the most significant deductions available, depending on the property. Tax depreciation lets property investors claim deductions for the wear and tear of a building (Division 43) and the plant and equipment inside it (Division 40). These deductions can lower taxable income, which may reduce the tax […]
EOFY INSIGHTS – The June Peak is Real, Here’s How to Get Ahead:
Every year, without fail, the final weeks of June carry a disproportionate share of the year’s work. We’ve tracked this across three years of data in our network, and the pattern is consistent enough that it’s worth sharing. The firms that prepare early have a meaningfully better experience than those who don’t. The numbers don’t […]