Tax Depreciation

Depreciation describes the wear and tear that properties experience over time. The ATO allows this depreciation to be claimed as a tax deduction. A Thrifty Tax Depreciation schedule captures the depreciation value you are entitled to claim in a simple, easy-to-read format. In almost every case, it is a ‘no-brainer’ to purchase a depreciation schedule to lower the tax you pay and maximise your cash-flow.