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
Ernest van Zyl
Manager Property Advisory Services
James Morrell
Senior Valuer
Lismore
Angus Cooke
Valuer
Inverell
Tom McDouall
Regional Director
Newcastle
Heath Craft
Valuer
Albury
Maria Ergos
Client Services Team Leader
Sydney Residential
Gregory Jordan
Valuer
Port Macquarie
Jack Prosser
Valuer
Port Macquarie
Louise de Savery
Director
Newcastle
Harry Morrow
Valuer
Tamworth
Simon Mandile
Senior Valuer
Sydney
Emmanuel Ergos
Senior Valuer
Sydney
Justine Franklin
Valuer
Albury - Wodonga
Adam Scerri
State Director - Residential
Sydney
Amy Frankel
Regional Director
Port Macquarie
Lara Watts
Valuer
Bundaberg
Adrian Marks
Valuer
Brisbane
Justin De Pinto-Smith
Valuer
Mackay
Matt Wilson
Senior Valuer
Cairns
Sarah Banner
Director - Valuations | Residential
Brisbane
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Jack Macdonald
Senior Valuer
Roma
Ernest van Zyl
Manager Property Advisory Services
Henry Brown
Director
Brisbane
Richard Holles
Senior Valuer
Toowoomba
Zac Beveridge
Valuer
Toowoomba
Wayne Airey
Associate Director
Sunshine Coast
Will Smallacombe
Senior Valuer
Cairns
Alexandra Doneley
Senior Valuer
Emerald
Geoff Duffield
State Director Residential QLD
Brisbane
Jany Pezard
Director - Valuations
Sunshine Coast
Gareth Turner
Director
Brisbane
Jim Lyons
Director Valuations
Brisbane
Lachlan Dunsdon
National Director Rural & Agribusiness
Brisbane
Mark Robins
State Director SA
Adelaide
Leon Sleiters
Valuer
Hobart
Harry Chapman
Valuer
Launceston
Harry Chapman
Valuer
Launceston
Tyrone Tweddle
Valuer
Hobart
Joe Stansfield
Regional Director - Tasmania (North)
Launceston
David Duffield
Regional Director - Tasmania (South)
Hobart
James Somlai
Associate Director
Melbourne
Nick Funnell
National Director - Asset Advisory
Melbourne
Rosheen Stephenson
Regional Director
Gippsland
Mark Pastor
Associate Director
Melbourne
Damien Stone
State Director Residential Victoria
Melbourne
Felicity Graham
Senior Valuer
Bunbury
Brandon Prince
Valuer
Perth
Curtis Borszeky
Valuer
Perth
Rachel Kendall
Valuer
Mandurah
Michael Sinclair
Valuer
Perth
Yury Bonne
Valuer
Perth
Dean Munns
Associate Director
Perth
James Sholdas
Associate Director Valuations
Perth
Tom O’Sullivan
Associate Director Valuations
Perth
Kate Bingham
Associate Director
Perth
Tony Gorman
Director Valuations
Perth
Ben Lamers
Director Acumentis Advisory
Perth
Aaron Hughes
Regional Director
South West WA
Scott Robinson
Regional Director
Mandurah
Richard Graham
State Director Rural & Agribusiness WA
Bunbury
Mark Eaton
Regional Director
Albany
Damien Schifferli
Regional Director - South West WA
Busselton
Blake Lieschke
State Director – Property and Advisory
Perth
Nathan King
National Director – Advisory, State Government & Projects, State Director – WA
Perth
Ernest van Zyl
Manager Property Advisory Services
James Morrell
Senior Valuer
Lismore
Angus Cooke
Valuer
Inverell
Tom McDouall
Regional Director
Newcastle
Heath Craft
Valuer
Albury
Maria Ergos
Client Services Team Leader
Sydney Residential
Gregory Jordan
Valuer
Port Macquarie
Jack Prosser
Valuer
Port Macquarie
Louise de Savery
Director
Newcastle
Harry Morrow
Valuer
Tamworth
Simon Mandile
Senior Valuer
Sydney
Emmanuel Ergos
Senior Valuer
Sydney
Justine Franklin
Valuer
Albury - Wodonga
Adam Scerri
State Director - Residential
Sydney
Amy Frankel
Regional Director
Port Macquarie
Lara Watts
Valuer
Bundaberg
Adrian Marks
Valuer
Brisbane
Justin De Pinto-Smith
Valuer
Mackay
Matt Wilson
Senior Valuer
Cairns
Sarah Banner
Director - Valuations | Residential
Brisbane
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Jack Macdonald
Senior Valuer
Roma
Ernest van Zyl
Manager Property Advisory Services
Henry Brown
Director
Brisbane
Richard Holles
Senior Valuer
Toowoomba
Zac Beveridge
Valuer
Toowoomba
Wayne Airey
Associate Director
Sunshine Coast
Will Smallacombe
Senior Valuer
Cairns
Alexandra Doneley
Senior Valuer
Emerald
Geoff Duffield
State Director Residential QLD
Brisbane
Jany Pezard
Director - Valuations
Sunshine Coast
Gareth Turner
Director
Brisbane
Jim Lyons
Director Valuations
Brisbane
Lachlan Dunsdon
National Director Rural & Agribusiness
Brisbane
Mark Robins
State Director SA
Adelaide
Leon Sleiters
Valuer
Hobart
Harry Chapman
Valuer
Launceston
Harry Chapman
Valuer
Launceston
Tyrone Tweddle
Valuer
Hobart
Joe Stansfield
Regional Director - Tasmania (North)
Launceston
David Duffield
Regional Director - Tasmania (South)
Hobart
James Somlai
Associate Director
Melbourne
Nick Funnell
National Director - Asset Advisory
Melbourne
Rosheen Stephenson
Regional Director
Gippsland
Mark Pastor
Associate Director
Melbourne
Damien Stone
State Director Residential Victoria
Melbourne
Felicity Graham
Senior Valuer
Bunbury
Brandon Prince
Valuer
Perth
Curtis Borszeky
Valuer
Perth
Rachel Kendall
Valuer
Mandurah
Michael Sinclair
Valuer
Perth
Yury Bonne
Valuer
Perth
Dean Munns
Associate Director
Perth
James Sholdas
Associate Director Valuations
Perth
Tom O’Sullivan
Associate Director Valuations
Perth
Kate Bingham
Associate Director
Perth
Tony Gorman
Director Valuations
Perth
Ben Lamers
Director Acumentis Advisory
Perth
Aaron Hughes
Regional Director
South West WA
Scott Robinson
Regional Director
Mandurah
Richard Graham
State Director Rural & Agribusiness WA
Bunbury
Mark Eaton
Regional Director
Albany
Damien Schifferli
Regional Director - South West WA
Busselton
Blake Lieschke
State Director – Property and Advisory
Perth
Nathan King
National Director – Advisory, State Government & Projects, State Director – WA
Perth

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