It's been covered before but (according to BANTACS www.bantacs.com.au) the ATO are within legislation to reduce the cost base of your property by the amount of depreciation, regardless of whether you claim it or not.
So you might as well do it!!!
Can anyone clarify that the ATO actually do this, or if there are just provisions under the relative legislation to do so? If they don't do it all the time, what would be the trigger?
Bit Confused Now!!!!
Boods