Plant and equipment (Division 40)
The removable and mechanical items: carpets, blinds, appliances, light fittings, and similar.
If you own an investment property, you can claim the decline in value of the building and its fixtures as a tax deduction each year. A tax depreciation schedule sets out exactly what you can claim — often for the life of the property. For many investors it’s one of the largest deductions they’re entitled to, and one of the most commonly missed.
A depreciation schedule covers two areas:
The removable and mechanical items: carpets, blinds, appliances, light fittings, and similar.
The structural building costs.
Getting both right means claiming the maximum you’re legitimately entitled to.
ATO rules require these schedules to be prepared by a qualified quantity surveyor. Unlike many cheaper providers, we inspect every property on site — because that’s the only way to identify everything that’s claimable and get you the maximum deduction. Our fees are competitive with providers who don’t even inspect.
From
$650
per property schedule
Schedules start from $650 per property, depending on the work involved. The fee itself is tax-deductible.