Washington Brown Depreciation Schedule: Maximize Your Tax Savings

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Owning an investment property comes with several costs, but did you know that depreciation is one of the most valuable tax deductions available? Many property investors miss out on thousands of dollars in savings simply because they don’t have a Depreciation Schedule in place. With Washington Brown, you can ensure you're claiming every eligible deduction and improving your cash flow.

What is a Washington Brown Depreciation Schedule?

A Depreciation Schedule is a comprehensive report that details how much your property and its assets decline in value over time. Since buildings naturally experience wear and tear, the Australian Tax Office (ATO) allows investors to claim this loss as a tax deduction. A Washington Brown Depreciation Schedule helps you calculate these deductions properly, ensuring you get the maximum tax benefits.

What Can You Claim?

Depreciation is categorized into two main areas:

1. Capital Works (Division 43)

  • Covers the structural components of your property, such as walls, floors, roofs, plumbing, and electrical wiring.
  • Applies to properties built after July 18, 1985, with deductions claimable for up to 40 years.

2. Plant and Equipment (Division 40)

  • Covers removable assets like carpets, air conditioning units, appliances, security systems, and light fittings.
  • Each asset has an effective life, determining how much can be claimed annually.

Why Choose Washington Brown for Your Depreciation Schedule?

Experienced & Trusted – With over 40 years of experience, Washington Brown is a leading quantity surveying firm in Australia.

Maximized Deductions – Our team ensures you claim every dollar you’re entitled to, increasing your tax savings.

Fast & ATO-Compliant Reports – Our schedules are 100% ATO-compliant, making your tax return process smooth and hassle-free.

One-Time Report, Long-Term Benefits – A Washington Brown Depreciation Schedule provides deductions for up to 40 years.

Who Needs a Washington Brown Depreciation Schedule?

If you own an income-generating property, a depreciation schedule can significantly benefit you. It’s ideal for:

✔️ Property Investors – Whether your property is new or has undergone renovations, you can still claim depreciation.

✔️ Commercial Property Owners & Tenants – Business owners who have installed fit-outs (e.g., office furniture, shelving, security systems) can claim depreciation on these assets.

✔️ Short-Term Rental Owners – If you rent out your home or an Airbnb property, you may be eligible for deductions.

Get Your Washington Brown Depreciation Schedule Today!

Don’t miss out on thousands of dollars in tax deductions. A Washington Brown Depreciation Schedule is a smart investment that helps you keep more of your rental income. Contact Washington Brown today and start maximizing your tax savings! 

 
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