Case Study: 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 commercial, residential 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
Angus Giles
Valuer
—
Newcastle
Robert Jupp
Valuer
—
Coffs Harbour
Daniel Carr
Associate Director
—
Newcastle
James Morrell
Regional Director
—
Northern Rivers (Lismore, Ballina, Byron Bay)
Heath Craft
Senior Valuer
—
Albury
James de Ferranti
Associate Director
—
Tamworth
Harry Morrow
Associate Director
—
Tamworth
Chris Bateman
Associate Director
—
Dubbo NSW
Jonathan Lea
Regional Director
—
Inverell
James Lockwood
National Director - Projects, Infrastructure & Acquisition
Bryan Guest
State Director NSW - Projects, Infrastructure & Acquisition
—
Coffs Harbour
Tom Barker
Director Valuations
—
Darwin
Sarah Picot
Valuer
—
Mackay
Claire Han
Quantity Surveyor
—
Brisbane
Neddie Westaway
Senior Quantity Surveyor
—
Brisbane
Marcia Bultreys
Valuer
—
Cairns
Grant Roberts
Head of Quantity Surveying Services
—
Brisbane
Courtney Peach
Valuer
—
Toowoomba
Dean Dederer
Regional Director
—
Toowoomba
June Button
Senior Valuer
—
Gladstone
Rohan Bruce
Valuer
—
Noosa, Sunshine Coast, Gympie & South Burnett
Tony Lanigan
Valuer
—
Townsville
Scott Blanchard
Senior Valuer
—
Cairns
Clancy Miller
Valuer
—
Townsville
Paul Krause
Senior Valuer
—
Mackay
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
Leon Sleiters
Valuer
—
Hobart
Harry Chapman
Associate Director
—
Launceston
Joe Stansfield
Director - Commercial Valuations, Systems & Sustainability
—
Launceston
David Duffield
Regional Director - Tasmania (South)
—
Hobart
Sujeewa Walpola
Quantity Surveyor
—
Melbourne
Bridget Roberts
Valuer
—
Gippsland
Alexandra Churches
Operations Manager
—
National
Brenton Jones
Associate Director
—
Gippsland
Toby Brown
Valuer
—
Perth
Mitchell Fraser
Senior Valuer
—
Bunbury
Amber Broughton
Valuer
—
Perth
James Hyland
Senior 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
Angus Giles
Valuer
—
Newcastle
Robert Jupp
Valuer
—
Coffs Harbour
Daniel Carr
Associate Director
—
Newcastle
James Morrell
Regional Director
—
Northern Rivers (Lismore, Ballina, Byron Bay)
Heath Craft
Senior Valuer
—
Albury
James de Ferranti
Associate Director
—
Tamworth
Harry Morrow
Associate Director
—
Tamworth
Chris Bateman
Associate Director
—
Dubbo NSW
Jonathan Lea
Regional Director
—
Inverell
James Lockwood
National Director - Projects, Infrastructure & Acquisition
Bryan Guest
State Director NSW - Projects, Infrastructure & Acquisition
—
Coffs Harbour
Tom Barker
Director Valuations
—
Darwin
Sarah Picot
Valuer
—
Mackay
Claire Han
Quantity Surveyor
—
Brisbane
Neddie Westaway
Senior Quantity Surveyor
—
Brisbane
Marcia Bultreys
Valuer
—
Cairns
Grant Roberts
Head of Quantity Surveying Services
—
Brisbane
Courtney Peach
Valuer
—
Toowoomba
Dean Dederer
Regional Director
—
Toowoomba
June Button
Senior Valuer
—
Gladstone
Rohan Bruce
Valuer
—
Noosa, Sunshine Coast, Gympie & South Burnett
Tony Lanigan
Valuer
—
Townsville
Scott Blanchard
Senior Valuer
—
Cairns
Clancy Miller
Valuer
—
Townsville
Paul Krause
Senior Valuer
—
Mackay
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
Leon Sleiters
Valuer
—
Hobart
Harry Chapman
Associate Director
—
Launceston
Joe Stansfield
Director - Commercial Valuations, Systems & Sustainability
—
Launceston
David Duffield
Regional Director - Tasmania (South)
—
Hobart
Sujeewa Walpola
Quantity Surveyor
—
Melbourne
Bridget Roberts
Valuer
—
Gippsland
Alexandra Churches
Operations Manager
—
National
Brenton Jones
Associate Director
—
Gippsland
Toby Brown
Valuer
—
Perth
Mitchell Fraser
Senior Valuer
—
Bunbury
Amber Broughton
Valuer
—
Perth
James Hyland
Senior 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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