Accounting - South Mackay, Queensland, Australia
Depreciation is what we do to help property investors pay less tax… usually HEAPS LESS tax.The simplest way to explain depreciation is by using the example of a laptop. The Australian Tax Office declares the effective life of a laptop to be 3 years. Thus if you use a laptop to produce income, then the cost of that laptop can be claimed as an expense over the effective life.Real estate property is not much different! If you have a property that produces income then you are usually entitled to claim the cost of building it as an expense against your income. With an investment property it is a little bit more complicated…but leave it to us. We offer the best service in the Central Queensland region.Providing service not just to Mackay, we regularly go to Sarina and beaches, Moranbah, Dysart, Clermont, Bowen, Proserpine, Cannonvale, Townsville and everywhere else in between.
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