Sample Tax Depreciation Report

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Thrifty.tax

Tax depreciation schedule
15, January 2022
Reference: #12345
Property Information
Property type
Apartment
Construction Year
2023
Purchase Price
$950,000
Settlement Date
Not Disclosed
Report Start Date
13/04/2023
Ownership
Dwight Shrute
Claimable Depreciation Overview
Total depreciation
$355,849
Total capital works
$293,283
Total Plant + Equipment
$62,566
Year 1
$14,431
Year 2
$12,521
Year 3
$11,089
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Comprehensive Reports

All Eligible Schedules are Included

We include both the diminishing value and prime cost methods of depreciation in every report where division 40 is claimable. Where division 40 is not claimable, a capital loss schedule is provided.

Accountant Approved

Our reports are designed with advice from accountants to ensure they are easy to read and understand when it comes to claiming deductions.

40 Years of Depreciation

Our reports provide the maximum amount of depreciation you are eligible to claim for up to 40 years.

Fast Turnaround

We currently have a Within 5 Business Day or Next Business Day Turnaround. You can choose this at checkout.

Australia-wide Service

As we conduct desktop surveys, we can service every state of Australia: New South Wales, Queensland, Northern Territory, Western Australia, South Australia, Victoria, the Australian Capital Territory, and Tasmania.

ATO Compliant

Every report is signed off by a Quantity Surveyor ensuring they are ATO compliant. The director is an affiliate member of the Australian Institute of Quantity Surveyors.

Maximum Deductions

You are not missing out on any deductions by choosing a more affordable depreciation provider. No Quantity Surveyor can offer you more than another simply because they charge you a higher fee.

No Hidden Costs

You pay a one-time fee for your tax depreciation schedule which can be used for the lifetime of the property while you use it for investment purposes. Amendments under $40k are also free.

Free Amendments*

*For renovations under $40k, we provide free amendments to tax depreciation schedules.

Get Started

Choose your depreciation package:

  • Budget Package

    Self-assessed
    starting from
    $240
    +GST

    The budget package is the self-assess option for investors who know exactly what is in the property and need the cheapest price. You provide all the details of the property and one of our quantity surveyors will review your self-generated report to make sure it is ATO compliant.

    • Residential Tax Depreciation Schedule
    • Reviewed by a Quantity Surveyor
    • ATO Compliant
    • Maximum Deductions
    • 40-Year Deductions
    • Diminishing Value Method
    • Prime Cost Method
    • Low Value Pooling
    • Within 5 Business Days or Next Business Day Turnaround

  • Express Package

    Quantity Surveyor Assessed
    starting from
    $280
    +GST

    The express package is for investors who want to ensure they receive maximum deductions. One of our quantity surveyors will prepare your ATO compliant tax depreciation schedule by means of a desktop survey.

    • Residential Tax Depreciation Schedule
    • Desktop Survey by a Quantity Surveyor
    • ATO Compliant
    • Maximum Deductions
    • 40-Year Deductions
    • Diminishing Value Method
    • Prime Cost Method
    • Low Value Pooling
    • Within 5 Business Days or Next Business Day Turnaround