March 2017 :: Trends and Insights
Receive your free depreciation estimate
Receive your free depreciation estimate
Commercial properties, both old and new, provide significant taxation benefits for their owners and tenants. One of the most beneficial yet often missed deductions is property depreciation.
Maximizing depreciation is the key to increasing cash flow from any commercial property.
Request your free depreciation estimate from the expert team at BMT Tax Depreciation and find out what deductions you could be missing out on.
Increase your cash flow
BMT Tax Depreciation specialise in maximising depreciation claims for both commercial property owners and tenants Australia-wide. Our team works closely with your Accountant to save you valuable time.
Below is an estimate of the depreciation deductions available on commercial properties.
|
Deduction assessment |
|||
|
|
Purchase price |
Year 1 depreciation* |
Year 1-5 depreciation** |
|
Retail |
$500,000 |
$18,500 - $23,900 |
$69,300 - $89,500 |
|
Retail |
$2,000,000 |
$84,500 - $95,500 |
$302,500 - $332,500 |
|
Retail (40 years old) |
$1,000,000 |
$21,200 - $29,800 |
$79,500 - $110,500 |
|
Office |
$600,000 |
$24,000 - $31,200 |
$91,500 - $119,700 |
|
Office |
$900,000 |
$34,200 - $43,800 |
$123,500 - $164,500 |
|
Office (50 years old) |
$900,000 |
$22,500 - $30,000 |
$87,200 - $115,500 |
|
Industrial |
$550,000 |
$19,800 - $26,100 |
$73,200 - $94,500 |
|
Industrial |
$1,000,000 |
$39,200 - $51,200 |
$139,500 - $185,500 |
|
Hotel |
$2,000,000 |
$91,200 - $102,200 |
$315,200 - $345,200 |
|
Large office tower |
$25,000,000 |
$850,500 - $1,400,000 |
$3,850,000 - $5,500,000 |
|
Small industrial shed |
$300,000 |
$8,500 - $12,500 |
$42,500 - $55,500 |
*This range is for the first full financial year claim.
**This is cumulative amount.
Contact our BMT Tax Depreciation Quantity Surveyors expert team today to receive a free depreciation estimate on 1300 268 335.
