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It is always worth depreciating a new purchase that you plan to hold for a year or more regardless of any other factors--providing, of course, your goal is to reduce your tax. Age and size do not matter: all removable fixtures and fittings depreciate from your settlement date (regardless of...

True, but better to have it and not need it than to need it and not have it. It's no skin off anyone's nose to include another 20 years. I did say "residential", which short-term traveller accommodation isn't, for the most part. We've been in touch with the ATO about this numerous times...

No residential depreciation schedule that has capital works @ 4% over 25 years is valid any more. The cut-off for this was September 1987, which means that the 25-year period finished in 2012. While most of the numbers remain steady after 20 years, this isn't always the case and can depend...

It's not something we publicise much but if you do mention Somersoft you will get a little bit off the fee (and if you send me a private message I'll make sure you're personally looked after). We don't generally do large discounts in this sort of context and prefer to let our work stand for...