Corporate Blog
The team at Washington Brown regularly contribute to this blog with news, tips and industry changes – so if you’re a property investor; bookmark this page and check back regularly. Or join our mailing list.
What is Depreciation Schedule?
Property depreciation is a legal tax deduction related to the ‘wear and tear’ of an investment property over time. A tax depreciation schedule outlines the deductions you may be entitled to claim each year of ownership on the Building Allowance (the structure itself including bricks, concrete, etc.) and, if eligible, on the Plant and Equipment […]
THE CGT Saver Report
Let me introduce you to our new product, the CGT Saver™ Report – A report specifically created to prevent our clients from paying too much in Capital Gains Tax. Although you can no-longer claim depreciation on second-hand Plant & Equipment Items (ovens, dishwashers, etc.), with Washington Brown’s CGT Saver™, you can claim the […]
Building Allowance Maximiser
Let’s talk about bricks and mortar. Or what the Government calls the Building Allowance. Whilst you can no longer claim depreciation on plant and equipment in second-hand investment properties, that’s the things like ovens, dishwasher etc. You can still claim the structure of the building, that’s the bricks, concrete, windows, tiling, etc. provided the […]
Holiday Home Depreciation New Laws
Can I still claim depreciation on plant and equipment on my holiday home if I use it twice a year? This is the biggest grey area of all the legislative changes in my view and one that will require further clarification moving forward. The Government in the Housing Tax Bill Explanatory Memorandum states that if a property […]
The Top 14 Questions from the Budget Changes
Well, the dust has finally settled on the new legislation regarding changes to the budget changes to depreciation that will apply to second-hand residential properties. In this article we will dig deep into some of the questions we have commonly been asked since the 9th of May 2017, when the changes were announced in the […]
The Budget Change And How It Affects Our Rental Property
Dealing with your rental property post-budget change Before the budget change investors were entitled to claim plant and equipment and building allowance, so long as the property was built post-1987 and the property had settled within 10 years of getting the depreciation report, even if they had lived in the property prior, post or […]
Your Guide to Commercial Property Investment
If you’re looking to invest in real estate, commercial properties present plenty of opportunities. However, you need to consider the risks and market drivers. This commercial property investment guide will help you. You must think about more than the property investment basics when investing in commercial real estate. There are many complex market issues at […]
Five Secrets to Improving Investment Property Cashflow
Cashflow can become a major problem with your property investment. For beginners, slow cashflow could prevent you from building your portfolio as quickly as you’d like. Happily, there are some tricks you can use to make improvements to your investment property cashflow. So, you’ve got what you think is a great investment property. You’ve followed […]