In his recent federal budget speech, the Treasurer, Scott Morrison ‘Scomo’ announced changes to the rules around claiming depreciation on residential properties.
Tax depreciation specialists Capital Claims have published a blog on the slated changes. As noted in the blog, there are further details yet to come out in the wash regarding the new rules but there are some key points which investors should be aware of. Fortunately, it’s not all bad news!
If you’d like to more information about maximising the return on your investment property through depreciation, contact Sean Loftie-Eaton, Canberra Director at Capital Claims by emailing him on email@example.com or call direct on 0419 509 484.
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Jonathan Irwin – Director
Capital Defence Homes
0421 040 082