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It's not too late to save thousands

Announcement posted by BMT Tax Depreciation 20 Oct 2014

October 31, the due date for lodging your tax return is almost here

There may only be eleven days until the 31st of October deadline for lodging tax returns online, but there is still plenty of time for property investors to ensure the deductions they claim are maximised.

Property investors who want to save thousands this financial year must ensure they arrange a tax depreciation schedule from a specialist Quantity Surveyor.

A comprehensive tax depreciation schedule will outline all of the claims an investor is eligible to make for capital works deductions for the structural and fixed assets in the property as well as all of the claims they can make for the depreciation of removable plant and equipment assets.

Specialist Quantity Surveyors such as BMT Tax Depreciation specialise in helping your Accountant to find the maximum allowable deductions on your investment property.

BMT Tax Depreciation will:

- Find an average of $5,000-$10,000 in deductions in the first financial year

- Structure your schedule so you can reclaim missed deductions for up to two previous financial years

 Find deductions on new or old properties, every investment property owner can benefit

- Provide schedules which last for forty years – the Australian Taxation Office specified life of a property

- Guarantee to find double our fee in deductions in the first full year or we do not charge for our service

Investors who would like to find out more about the depreciation deductions they can claim for their property can request a quote online by visiting www.bmtqs.com.au/apply-online. Alternatively, they can also speak to one of the friendly staff at BMT Tax Depreciation on 1300 728 726.