If you were told that you could claim on plant and equipment, I'm concerned about the advice you were given (unless you told them that you'd be...
This is mostly correct, but: 1. It's not the age of the building so much as the age of the works. E.g., you can get great deductions from a...
Seconding this. Any estimate of deductions for now should include Division 43 capital works only.
This is great feedback, @sset. I know the horse has bolted on this one, but for our QA purposes, I'd be very interested to know which...
I'll chip in with some figures, because "minor" might be relative here. A construction cost of $200k might see a first-full-year claim of up to...
We agree. Better still, I've uploaded the entire document with this post, and recommend people read beyond your excerpts. Pages 7 through 9...
I understand why you might feel conflicted about this, especially in the wake of conflicting professional advice. I'll try to articulate our...
You shouldn't need to, but that can depend on when you got them. We went to forty-year reports by about 2010, and we've never excluded plant and...
I can confirm that we don't franchise and that all our staff you would speak to on the phones, receive an email from, or who show up on your...
We do not pay commissions and have not done so for over a decade (when I started in late 2012, we were phasing out the final three paid referral...
Confirmed. It's a reasonably common misconception for newcomers, but (until a CGT event, at least) appreciation in market value and tax...
This is only half-true but in a good way. Everyone gets hung up on when the property was "built", but it's not the age of the property, it's the...
Properties that are primarily commercial in usage also still follow the old rules. Plant and equipment assets restart their lifespan with each...
In that case, what I sent to @newhopper was: This article is about our best summary of scrapping, with one caveat: it was written before 2017. I...
Thanks, Simon. That seems to conflict with this: Business Members Guide - PropertyChat "Do not link to your own website in forum posts. Even if...
This varies from provider to provider. For us, people either call or email us with requested changes, or use our MyBMT portal to upload...
Regarding the ability to update, this is done when you make improvements to the property--e.g., renovate, or simply add new fittings or works here...
I appreciate the feedback, Mike, but a couple of things above do surprise me. When people have made their deadlines known to us, we've often been...
This does raise a couple of pertinent points. Our last across-the-board price rise was in 2014. Also, if we do an inspection, our margin is...
I have to be honest and say that it's still longer than we want it to be, but coming down steadily. How long exactly will depend on a few...
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