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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
Matthew Shadbolt
Valuer
Canberra
Marty Creigh
Valuer
Newcastle
Daniel Carr
Valuer
Newcastle
Angus Cooke
Valuer
Inverell
Tom McDouall
Director - Regional Residential Operations NSW
Newcastle
Heath Craft
Valuer
Albury
Maria Ergos
Client Services Team Leader
Sydney Residential
Gregory Jordan
Valuer
Port Macquarie
Harry Morrow
Senior Valuer
Tamworth
Simon Mandile
Senior Valuer
Sydney
Emmanuel Ergos
Senior Valuer
Sydney
Justine Franklin
Valuer
Albury - Wodonga
Bryan Guest
Senior Director Advisory
Coffs Harbour
Amy Frankel
Regional Director
Port Macquarie
Tony Gorman
Director Valuations
Darwin / Perth
Amber Broughton
Valuer
Gold Coast
June Button
Valuer
Gladstone
Lara Watts
Valuer
Bundaberg
Scott Blanchard
Senior Valuer
Cairns
Dale Rohde
Senior Valuer
Cairns
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Matthew Galvin
Senior Valuer
Toowoomba
Jack Macdonald
Associate Director
Roma
David Hosking
Regional Director
Cairns
Henry Brown
Director
Brisbane
Wayne Airey
Associate Director
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Jany Pezard
Director - Valuations
Sunshine Coast
Michael Everingham
Valuer
Gold Coast
Joe Porter
Senior Valuer
Adelaide
Craig Farley
Valuer
Adelaide
Stephanie Costi
Valuer
Adelaide
Mark Robins
State Director SA
Adelaide
William Simmonds
Valuer
Hobart
Leon Sleiters
Valuer
Hobart
Harry Chapman
Valuer
Launceston
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
Curtis Borszeky
Senior Valuer
Perth
Mitchell Fraser
Senior Valuer
Busselton
Felicity Graham
Senior Valuer
Bunbury
Daniel Horan
Valuer
Perth
Rachel Kendall
Valuer
Mandurah
Michael Sinclair
Valuer
Perth
James Sholdas
Associate Director Valuations
Perth
Tom O’Sullivan
Associate Director Valuations
Perth
Kate Bingham
Associate Director
Perth
Ben Lamers
Director Acumentis Advisory
Perth
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
Nathan King
National Director – Advisory, State Director – WA Operations
Perth
Matthew Shadbolt
Valuer
Canberra
Marty Creigh
Valuer
Newcastle
Daniel Carr
Valuer
Newcastle
Angus Cooke
Valuer
Inverell
Tom McDouall
Director - Regional Residential Operations NSW
Newcastle
Heath Craft
Valuer
Albury
Maria Ergos
Client Services Team Leader
Sydney Residential
Gregory Jordan
Valuer
Port Macquarie
Harry Morrow
Senior Valuer
Tamworth
Simon Mandile
Senior Valuer
Sydney
Emmanuel Ergos
Senior Valuer
Sydney
Justine Franklin
Valuer
Albury - Wodonga
Bryan Guest
Senior Director Advisory
Coffs Harbour
Amy Frankel
Regional Director
Port Macquarie
Tony Gorman
Director Valuations
Darwin / Perth
Amber Broughton
Valuer
Gold Coast
June Button
Valuer
Gladstone
Lara Watts
Valuer
Bundaberg
Scott Blanchard
Senior Valuer
Cairns
Dale Rohde
Senior Valuer
Cairns
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Matthew Galvin
Senior Valuer
Toowoomba
Jack Macdonald
Associate Director
Roma
David Hosking
Regional Director
Cairns
Henry Brown
Director
Brisbane
Wayne Airey
Associate Director
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Jany Pezard
Director - Valuations
Sunshine Coast
Michael Everingham
Valuer
Gold Coast
Joe Porter
Senior Valuer
Adelaide
Craig Farley
Valuer
Adelaide
Stephanie Costi
Valuer
Adelaide
Mark Robins
State Director SA
Adelaide
William Simmonds
Valuer
Hobart
Leon Sleiters
Valuer
Hobart
Harry Chapman
Valuer
Launceston
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
Curtis Borszeky
Senior Valuer
Perth
Mitchell Fraser
Senior Valuer
Busselton
Felicity Graham
Senior Valuer
Bunbury
Daniel Horan
Valuer
Perth
Rachel Kendall
Valuer
Mandurah
Michael Sinclair
Valuer
Perth
James Sholdas
Associate Director Valuations
Perth
Tom O’Sullivan
Associate Director Valuations
Perth
Kate Bingham
Associate Director
Perth
Ben Lamers
Director Acumentis Advisory
Perth
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
Nathan King
National Director – Advisory, State Director – WA Operations
Perth

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