Property Depreciation Tax Calculator

Our property depreciation calculator will give you initial insight into understanding optimised tax depreciation schedules. An optimised tax depreciation schedule can increase your tax deduction for your property significantly. Obtain an insight into Tax Depreciation by getting an estimate for your tax deduction by filling in the details below in our online tax depreciation schedule calculator.

Property type  
     
Floor area   m2 Finish quality
     
Nearest capital city  
     
     
Construction date    
     
Purchase date  
     
 

Tax depreciation schedule

Original construction cost (estimated) $ 145 000
     
Plant & Equipment value at time of purchase (estimated) $  

Estimated deductible amounts for the first 10 fiscal years starting from the purchase date.

- using Diminishing Value (DV) cost depreciatation method
- div 40: plant & equipment depreciation
- div 43: building depreciation
Year Div 40 Div 43 Total
1 20 000 3 000 23 000
2 20 000 3 000 23 000
3 20 000 3 000 23 000
4 20 000 3 000 23 000
5 20 000 3 000 23 000
6 20 000 3 000 23 000
7 20 000 3 000 23 000
8 20 000 3 000 23 000
9 20 000 3 000 23 000
10 20 000 3 000 23 000
1st 10 years 20 000 3 000 23 000
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Disclaimer

The tax depreciation calculator above is provided as a general guide to allow you to estimate the potential depreciation you may be entitled to claim on a property. However, the Calculator is not endorsed by the Australia Taxation Office and uses general assumptions concerning construction type, quality and condition of inclusions and length of ownership.

The results produced by the Calculator and the general assumption referred to above may differ from your personal circumstances. You acknowledge and agree you must undertake your own analysis and obtain independent legal, financial and taxation advice before using, relying or acting on any information produced by the Calculator.

Any information produced by the Calculator concerning the anticipated future tax depreciation of a property is not a representation as to future matters. No representation is made that you will be entitled to claim any depreciation amount generated by the Calculator.

Neither Asset Economics, nor its directors, shareholders or advisors make any representation or warranty as to the accuracy or completeness of information produced by the Calculator. Nor will they have any liability to you or any other party for any representations (express or implied) contained in, or any omissions from, that information.