Taxation Deductions

New Depreciation Legislation for Australian Property Investors

Changes to property depreciation laws have been introduced and it is important to understand how these work and what they mean to you. Don’t despair, there are still many claims you can make depending on your circumstances, but you need to clear on what is and isn’t allowed. Here is a great video from our friends at BMT Tax Depreciation which gives a simple overview of what is new and what can and cannot be claimed.