Many investors and business owners overlook the advantage of claiming depreciation as a tax deduction.  In many situations, there are large tax savings to be had.

Typically, there are two parts to a depreciation schedule:
1.    Depreciation on the actual building; and
2.    Depreciation on plant and equipment

As a result even buildings that are decades old still may benefit from having a depreciation schedule.

You will receive a comprehensive schedule outlining:
1.    Total amount to be depreciated;
2.    The amounts per year that your entitled to claim;
3.    Itemised amounts of the various assets with in the building as well as the building itself.

If you would like to discuss further please contact us:
McNamara and Co - Chartered Accountants, located minutes from the Melbourne CBD
www.mcnamaraandcompany.com.au/contact-us
Phone +61 3 9428 1062
Email admin@mcnamaraandco.com

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