Tax Depreciation For A Residential Unit – 1 Bedroom & 1 Bathroom

Case Study

Residential Tax Depreciation

Residential Unit

  • This indicative schedule is based on a 1 bedroom, one bathroom residential unit. It is to be used as a guide only and as such cannot be used or relied upon for Taxation Purposes.
  • The Division 40 Assets have been calculated using the diminishing value method and the first year is based on a full financial year (365 days).
  • Acumentis has prepared this indicative schedule for marketing purposes only and does not give any warranty or accept liability, of any kind, for loss and damage as a result

Minimum

Year Division 40 Assets Division 43 Capital Works Total Deductions
Year 1 $3,674 $5,726 $9,400
Year 2 $3,673 $5,726 $9,399
Year 3 $2,982 $5,726 $8,708
Year 4 $2,076 $5,726 $7,802
Year 5 $1,655 $5,726 $7,381
Year 6 $1,370 $5,726 $7,096
Year 7 $939 $5,726 $6,665
Year 8 $660 $5,726 $6,386
Year 9 $475 $5,726 $6,201
Year 10 $355 $5,726 $6,081
Year 11+ $1,541 $171,786 $173,327
TOTAL $19,400 $229,046 $248,446

 

Maximum

Year Division 40 Assets Division 43 Capital Works Total Deductions
Year 1 $4,445 $6,929 $11,374
Year 2 $4,444 $6,929 $11,373
Year 3 $3,608 $6,929 $10,537
Year 4 $2,512 $6,929 $9,441
Year 5 $2,003 $6,929 $8,932
Year 6 $1,658 $6,929 $8,587
Year 7 $1,136 $6,929 $8,065
Year 8 $799 $6,929 $7,728
Year 9 $575 $6,929 $7,504
Year 10 $429 $6,929 $7,358
Year 11+ $1,865 $207,862 $209,727
TOTAL $23,474 $76,219 $300,626

Cash flow increase over 3 years

 

Taxable Income Savings
$18,201 – $45,000 $6,324
$45,001 – $120,000 $10,817
$120,001 – $180,000 $12,315
$180,001 & over $14,978

 

Why choose Acumentis

Have one point of contact for all of your client’s property needs.

Knowledge and experience

Our registered team of professionally certified valuers are experts across commercialresidential and rural and agribusiness property types. We know what depreciable items to look for ensuring that you get a comprehensive ATO approved depreciation schedule prepared by our certified Quantity Surveyors.

Value

We’ll provide you with one tax depreciation schedule that lasts up to 40 years of claim and the fee is 100% tax deductible. We can also undertake a retrospective tax depreciation schedule if you haven’t been claiming deductions so that you don’t miss the tax benefits.

National reach

Wherever you are in Australia a qualified Acumentis property professional is nearby. With over 300 property professionals working from 45 offices in metropolitan, regional and rural Australia our team have your property and tax depreciation needs covered.

Your team of
tax depreciation experts

State contacts
Geoff Land
Regional Director
Coffs Harbour
Anne-Maree McCann
Valuer
Newcastle
Angus Giles
Valuer
Newcastle
Robert Jupp
Valuer
Coffs Harbour
Marty Creigh
Valuer
Newcastle
Daniel Carr
Valuer
Newcastle
James Morrell
Associate Director
Northern Rivers (Lismore, Ballina, Byron Bay)
Angus Cooke
Valuer
Inverell
Tom McDouall
State Director - Regional Operations (South)
Newcastle
Heath Craft
Senior Valuer
Albury
Gregory Jordan
Valuer
Port Macquarie
James de Ferranti
Valuer
Tamworth
Harry Morrow
Associate Director
Tamworth
Justine Franklin
Associate Director
Albury - Wodonga
Chris Bateman
Associate Director
Dubbo NSW
Nick Power
Senior Valuer
Norther Rivers (Lismore, Ballina, Byron Bay)
Andrew Kemp
Director Valuations
Albury
Jonathan Lea
Regional Director
Inverell
James Lockwood
National Director - Projects, Infrastructure & Acquisition
Tamworth
Bryan Guest
State Director NSW - Projects, Infrastructure & Acquisition
Coffs Harbour
Amy Frankel
Regional Director
Port Macquarie
Damien Burley
Senior Director Advisory
Port Macquarie
Tony Gorman
Director Valuations
Darwin / Perth
Alfred Zaki
Valuer
Rockhampton
Dean Dederer
Regional Director
Toowoomba
June Button
Senior Valuer
Gladstone
Rohan Bruce
Valuer
Sunshine Coast
Tony Lanigan
Valuer
Townsville
Scott Blanchard
Senior Valuer
Cairns
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Matthew Galvin
Associate Director
Toowoomba
Jack Macdonald
Director Valuations
Roma
Jack Prosser
Associate Director
Toowoomba
Ayla McIntyre
Associate Director
Roma
David Hosking
Regional Director
Cairns
Shane Poole
Associate Director
Bundaberg
Rebecca Stephens
Senior Valuer
Sunshine Coast
Wayne Airey
Associate Director
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Carlo Lando
Regional Director - Townsville
Townsville
Jany Pezard
Director - Valuations
Sunshine Coast
Melissa Eilers
Regional Director
Hervey Bay
Annette Smith
State Director Regional Operations (North)
Emerald
William Simmonds
Valuer
Hobart
Leon Sleiters
Valuer
Hobart
Harry Chapman
Valuer
Launceston
Joe Stansfield
Regional Director - Tasmania (North)
Launceston
David Duffield
Regional Director - Tasmania (South)
Hobart
Alexandra Churches
Regional Director - Victoria
Bendigo
Quentin Churches
Associate Director
Bendigo
Patrick Monaghan
State Director - Regional Operations Victoria
Gippsland
Brenton Jones
Associate Director
Gippsland
Will Phillips
Director - Rural & Agribusiness
Western Australia
Mitchell Fraser
Senior Valuer
Bunbury
Amber Broughton
Valuer
Perth
Felicity Graham
Senior Valuer
Bunbury
Aaron Hughes
Regional Director
South West WA
Scott Robinson
Regional Director
Mandurah
Richard Graham
Regional Director - South West
Bunbury
Mark Eaton
Regional Director
Albany
Damien Schifferli
Regional Director - South West WA
Busselton
Geoff Land
Regional Director
Coffs Harbour
Anne-Maree McCann
Valuer
Newcastle
Angus Giles
Valuer
Newcastle
Robert Jupp
Valuer
Coffs Harbour
Marty Creigh
Valuer
Newcastle
Daniel Carr
Valuer
Newcastle
James Morrell
Associate Director
Northern Rivers (Lismore, Ballina, Byron Bay)
Angus Cooke
Valuer
Inverell
Tom McDouall
State Director - Regional Operations (South)
Newcastle
Heath Craft
Senior Valuer
Albury
Gregory Jordan
Valuer
Port Macquarie
James de Ferranti
Valuer
Tamworth
Harry Morrow
Associate Director
Tamworth
Justine Franklin
Associate Director
Albury - Wodonga
Chris Bateman
Associate Director
Dubbo NSW
Nick Power
Senior Valuer
Norther Rivers (Lismore, Ballina, Byron Bay)
Andrew Kemp
Director Valuations
Albury
Jonathan Lea
Regional Director
Inverell
James Lockwood
National Director - Projects, Infrastructure & Acquisition
Tamworth
Bryan Guest
State Director NSW - Projects, Infrastructure & Acquisition
Coffs Harbour
Amy Frankel
Regional Director
Port Macquarie
Damien Burley
Senior Director Advisory
Port Macquarie
Tony Gorman
Director Valuations
Darwin / Perth
Alfred Zaki
Valuer
Rockhampton
Dean Dederer
Regional Director
Toowoomba
June Button
Senior Valuer
Gladstone
Rohan Bruce
Valuer
Sunshine Coast
Tony Lanigan
Valuer
Townsville
Scott Blanchard
Senior Valuer
Cairns
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Matthew Galvin
Associate Director
Toowoomba
Jack Macdonald
Director Valuations
Roma
Jack Prosser
Associate Director
Toowoomba
Ayla McIntyre
Associate Director
Roma
David Hosking
Regional Director
Cairns
Shane Poole
Associate Director
Bundaberg
Rebecca Stephens
Senior Valuer
Sunshine Coast
Wayne Airey
Associate Director
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Carlo Lando
Regional Director - Townsville
Townsville
Jany Pezard
Director - Valuations
Sunshine Coast
Melissa Eilers
Regional Director
Hervey Bay
Annette Smith
State Director Regional Operations (North)
Emerald
William Simmonds
Valuer
Hobart
Leon Sleiters
Valuer
Hobart
Harry Chapman
Valuer
Launceston
Joe Stansfield
Regional Director - Tasmania (North)
Launceston
David Duffield
Regional Director - Tasmania (South)
Hobart
Alexandra Churches
Regional Director - Victoria
Bendigo
Quentin Churches
Associate Director
Bendigo
Patrick Monaghan
State Director - Regional Operations Victoria
Gippsland
Brenton Jones
Associate Director
Gippsland
Will Phillips
Director - Rural & Agribusiness
Western Australia
Mitchell Fraser
Senior Valuer
Bunbury
Amber Broughton
Valuer
Perth
Felicity Graham
Senior Valuer
Bunbury
Aaron Hughes
Regional Director
South West WA
Scott Robinson
Regional Director
Mandurah
Richard Graham
Regional Director - South West
Bunbury
Mark Eaton
Regional Director
Albany
Damien Schifferli
Regional Director - South West WA
Busselton

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