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  1. Paul@PFI

    Deprication schedule-Pre 1985 IP

    Dan's experience is common. I regularly encounter clients who also resist thinking they will probably demo and rebuild in a year of so anyway why bother ?? They then learn that all the residual value in the property can be written off and a large deduction for scrapping claimed in SOME...
  2. Paul@PFI

    Deprication schedule-Pre 1985 IP

    MI - The BMT calculator has NO validity at all. You need a report. If ATO find you using guestimates they will smack you with penalties for recklessness, interest AND deny the deductions. I would call BMT and discuss directly with them and they will ask all the rights questions to determine its...
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