WHEN YOU EMBARK on your journey as a property investor, it can be rather overwhelming – with a flood of information and diverse opinions.
To help simplify the process, here are five essential tips for new (and seasoned) investors. [Read more…]
New Government Incentives Introduced for Businesses
21 September, 2023 by Leave a Comment
AS THE COMMERCIAL LANDSCAPE is constantly changing, it’s essential for businesses to remain up-to-date with the latest policy developments that may impact their financial strategies.
On 30 June 2030, temporary full expensing ended. Consequently, the Small Business Energy Incentive was introduced and the Instant Asset Write-Off was temporarily extended to a lower level.
This article provides you with some insights into their implications for your business. [Read more…]
Depreciation Deductions for a Restaurant
29 March, 2023 by Leave a Comment
Success varies between restaurateurs, yet most would agree that delicious food, a pleasant ambience, and friendly staff are key. But a healthy stream of cash flow is more important than anything.
One way restaurateurs can improve their cash flow is by taking advantage of depreciation deductions.
Here, we will explain what depreciation deductions are and what they look like in a busy Melbourne restaurant. [Read more…]
5 Tips to Maximise Your Tax Benefits With Commercial Property
14 September, 2022 by 1 Comment
TAX TIME FOR COMMERCIAL property investors can often be complex with many factors to consider, including property depreciation.
To help you get the most out of your commercial property, here are 5 tax tips on depreciation from BMT Tax Depreciation. [Read more…]
Medical Centres – Depreciation Case Study
10 August, 2022 by Leave a Comment
THESE PAST FEW years have been challenging for the healthcare industry and medical centres in particular.
Issues with staffing, COVID-19, and larger than normal patient numbers have resulted in rapid growth within the industry.
In 2021 over 1.8 million people were employed in the health care and social assistance industry, which is projected to increase to more than 2 million by 2025. [Read more…]
It’s NEVER Too Late for Commercial Investors and Business Owners to Claim Thousands in Depreciation
29 September, 2021 by Leave a Comment
JUST BECAUSE 30 JUNE has been and gone, commercial investors and businesses don’t need to wait another financial year to obtain a tax depreciation schedule. Even if a schedule is ordered after the end of a financial year (FY), depreciation can still be back-claimed. [Read more…]
What are commercial plant and equipment depreciation deductions?
21 July, 2021 by Leave a Comment
WHEN YOUR SPECIALIST QUANTITY SURVEYOR tells you that you can claim depreciation on almost anything, they mean it. [Read more…]
Do You Really Understand The Fundamentals of Commercial Depreciation?
24 February, 2021 by Leave a Comment
AS YOU’RE PROBABLY aware, BMT Tax Depreciation has been providing depreciation services to commercial owners and tenants for over 20 years.
During this time, their team has ensured these businesses maximise these returns by claiming millions in tax deductions.
Despite being the only non-cash deduction you have available, many investors are not making the most of the opportunity – or in some cases, not even claiming it at all. [Read more…]
Did You Realise You Can Boost Your Commercial Investment Cash Flow through Scrapping?
3 February, 2021 by Leave a Comment
RENOVATING A COMMERCIAL PROPERTY can have a number of benefits – like increasing value, improving the functionality and attracting new tenants.
However, commercial property owners and tenants can literally throw away cash when they are renovating. [Read more…]
