Depreciation

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From: Adam McGuinness


HI

Does anyone know what rates I can apply to depreciate a property built in early 94

Thanks

Adam
 
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Reply: 1
From: Glenn Mott


Hi Adam,

The rate for the shell of the building would probably be 2.5% with the fixtures and fittings being depreciated at different rates. A call to the tax office or look at their website would give you the rates for different internal fittings.

Glenn
 
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Reply: 1.1
From: Dale Gatherum-Goss


Hi

Glenn is right. It is 2.5%

Cheers

Dale
 
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Reply: 1.1.1
From: Adam McGuinness


Thanks for the help folks.

Adam
 
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