Why tax depreciation matters in NT
The Northern Territory's population of around 250,000 is split between Greater Darwin (~150,000), the regional centres of Alice Springs, Katherine and Tennant Creek, and remote communities across the Top End and Red Centre. Defence (Larrakeyah, Robertson Barracks, RAAF Tindal), gas (Inpex Ichthys LNG), mining and tourism drive a unique mix of commercial and industrial property activity.
A TDA quantity surveyor-prepared tax depreciation schedule identifies every deductible asset under Division 40 (Plant & Equipment) and Division 43 (Capital Works), prepared in line with ATO TR 2024/1.
The s40-27 second-hand rule (NT residential investors)
For residential property acquired after 9 May 2017, only first-use plant & equipment is deductible. We model this restriction explicitly. Capital works (Division 43) remain fully deductible regardless of acquisition date. Commercial property and qualifying short-stay accommodation businesses retain the full Division 40 deduction.
Markets we cover across the NT
- Greater Darwin - CBD, Cullen Bay, Bayview, the northern suburbs, Palmerston
- Alice Springs - Red Centre commercial and tourism hub
- Regional NT - Katherine, Tennant Creek
- Industrial & energy - Inpex Ichthys LNG (Bladin Point), East Arm port, Wickham Point
