Tax Depreciation Schedules: How They Save You Money on Your Investment Property
If you own an investment property in Australia, you’ve likely heard about tax depreciation schedules—but what exactly are they?
A depreciation schedule is a report that allows you to claim tax deductions on the wear and tear of your investment property’s structure and assets over time. The ATO permits these deductions under two key divisions:
- Division 40: Plant and equipment (e.g., oven, blinds, carpets)
- Division 43: Capital works (e.g., walls, roof, concrete)
Because property values and construction costs vary, the ATO mandates that a suitably qualified Quantity Surveyor prepares the report. That’s where BWK Group comes in. With years of experience across residential and commercial properties, BWK’s team ensures your schedule is detailed, compliant, and maximises your return.
Most property investors claim $5,000 to $15,000+ in deductions in the first full year alone—more than covering the cost of the report.
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