Are You Claiming Everything You’re Entitled To?
When it comes to saving money on your investment property in Australia, one of the most underutilised tools is property tax depreciation. If you’ve ever wondered how to legally lower your taxable income and improve your cash flow, you’ve probably come across BMT Tax Depreciation. As one of the leading providers of property depreciation reports in Australia, BMT helps property investors like you claim hundreds—even thousands—of dollars annually.
So, what exactly is BMT Tax Depreciation, and how can it benefit your financial strategy? Let’s break it down.
What is BMT Tax Depreciation?
BMT Tax Depreciation is a specialized service that offers comprehensive depreciation schedules for Australian property investors. These schedules outline the tax-deductible wear and tear on an investment property’s structure and its assets over time, allowing investors to claim this depreciation as a deduction against their taxable income.
Depreciation in the Australian tax system is based on two elements:
- Capital Works Deductions (Division 43): For structural elements like walls, roofs, and bricks.
- Plant and Equipment Deductions (Division 40): For removable assets such as carpets, blinds, and appliances.
As registered quantity surveyors, BMT ensures that all applicable deductions are identified, maximising the return on investment.
Why Property Depreciation Matters for Investors
Many investors miss out on thousands of dollars in potential deductions simply because they don’t understand or accurately calculate depreciation. Here’s how depreciation can directly benefit your property strategy:
| Benefit | Explanation |
|---|---|
| Increased Cash Flow | Reduces taxable income, which can lead to a lower tax bill annually |
| Maximised ROI | Improves return on investment over the long term |
| Compliant Reporting | Ensures you’re meeting ATO requirements while claiming all entitled credits |
| Applicable to Old and New | Older properties may still hold claimable value, especially in renovations |
Important: To claim these deductions, the ATO requires a professionally prepared depreciation schedule. BMT creates these tailored reports, even backdating them if needed.
How BMT Prepares a Depreciation Schedule
Once engaged, BMT follows a detailed process to ensure each client receives a compliant and maximised depreciation schedule:
- Data Collection – Property information, floor plans, and settlement details.
- Site Inspection – A qualified quantity surveyor visits the property.
- Cost Estimation – Construction costs and asset values are professionally assessed.
- Schedule Delivery – A detailed, ATO-compliant depreciation schedule is provided.
- Ongoing Support – Free updates and expert advice when needed.
This process helps ensure you’re claiming the maximum deductions legally allowed.
Who Can Benefit from BMT Depreciation Schedules?
Almost every property investor in Australia can benefit from BMT’s services, including those who own:
- New or old residential properties
- Commercial real estate
- Renovated properties
- Short-term rental properties (Airbnb, etc.)
Even if your property is several years old, it’s worth checking if there are unclaimed deductions.
To learn more about applicable tax laws, visit the Australian Taxation Office (ATO) official guide to rental property expenses.
Why Choose BMT Over Other Providers?
BMT is one of Australia’s most trusted names in tax depreciation. Here’s why investors consistently choose them:
| Feature | BMT Offering |
|---|---|
| Nationwide Coverage | Offices in all major cities, servicing every state and territory |
| Experienced Surveyors | Over 20 years of expertise in tax depreciation |
| Client-Friendly Support | Lifetime updates and fast turnaround times |
| Accuracy Guaranteed | ATO-compliant reports recognised by accountants and tax agents |
Additionally, BMT offers a free depreciation estimate, allowing investors to see potential savings before committing.
Final Thoughts
Claiming property depreciation isn’t just smart—it’s essential. Whether you’re a seasoned property investor or just purchased your first investment home, leveraging a BMT Tax Depreciation schedule can translate into significant annual tax savings and stronger portfolio performance.
Ignoring these savings means leaving money on the table. Don’t miss out—make sure your investment is working as hard as you are.
Contact a professional like BMT to obtain your personalised depreciation schedule and start maximising your property returns, today.
Sufiyan, a passionate IT professional and finance enthusiast dedicated to simplifying financial clarity for every Australian. With years of experience in both tech and personal finance, Sufiyan oversees all content to ensure accuracy, usability, and relevance.