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Reply: 1.2.1.1.1 From: Dale Gatherum-Goss Hi No, the tax office have passed this through an audit previously and made no adverse comment at all. Of course, if I was going to claim this sort of expenses, I would normally have a QS report proving the original cost and the amount of...

Reply: 1.1.1 From: Dale Gatherum-Goss Hi I'm sorry if I was a little vague. What I was trying to say was that if you own an IP, and, you decide to rip out the old kitchen and replace it with a new one, then, you can get a tax deduction for the unclaimed portion of the depreciation on the...

Reply: 1.2 From: Dale Gatherum-Goss Hi Yes, your reasoning is correct. Any depreciable item is able to have the balance of it's value written off if that asset was to be destroyed, lost or stolen. Good luck with this idea. Dale Ps I am happy enough for you to treat this as advice. I...

From: Dale Gatherum-Goss Hi Just a quick thought that might add some money to your pocket at some time or another. If you own an IP and have the kitchen replaced the balance of the old kitchen's depreciation is written off. Sounds obvious I know, but, if the kitchen was 5 years old and a...