Tax Depreciation
SGA Property Consultancy is a registered Tax Agent under The Tax Practitioners Board and provides evaluation of commercial properties to ascertain tax depreciation allowances given under the Income Tax Assessment Act 1997, specifically:
- Division 40 – Capital Allowances
- Division 43 – Deduction for capital works
These Capital allowances defer the payment of tax on profits by reducing the assessable income of the tax paying entity.
As part of the acquisition process or after capital works SGA property Consultancy can advise on the depreciation allowances available to the client to improve after tax returns from the property and support cash flow by effective use of the allowances.
Options are given to the client to implement these allowances by either
- Diminishing value
- Prime cost method
The differing nature of these methods allows the client to select the most effective application of the allowances to the needs of the investment entity.
This advice supports the development of after tax returns and improved cash flows.
