ATO Tax Depreciation Methods – Diminishing Value and Prime Cost

By Mike Mortlock | January 17, 2012
Depreciation Methods

The ATO allows two very different methods of calculating property tax depreciation deductions, the Diminishing Value Method and the Prime Cost Method. Most investors choose the Diminishing Value Method as it will return the greatest amount of deductions over the first few years of ownership. However it’s worth discussing with your accountant, as maximising your…

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