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Express Tax Depreciation Calculator

Did you purchase the property brand new?

Was the property built after 1987?

Have you or the previous owner renovated the property after 1992?

Unfortunately, based on the information provided, it’s unlikely that your property contains worthwhile depreciation deductions.

Congratulations!

Based on the information provided, your property likely has significant depreciation deductions available.

    Select your property type

    Year of purchase & construction year

    Select the nearest major city

    Select standard of finish

    Enter property size

    Renovation value & completion year

    Review Property Details

    Brand New
    Property Type
    Units In Development
    Levels In Development
    Year of Purchase
    Year of Construction
    Nearest Major City
    Standard of Finish
    Property Size
    Enter Renovation Value
    Estimated Prior to Purchase Renovation Value
    Renovation Completion Year

    Your Tax Depreciation Estimation

    *First year sum

    Minimum
    Maximum

    *The figures provided are an estimate of deductions for the first full financial year of claim.

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    Minimum

    Year Plant & Equipment Division 43 Total Minimum

    Maximum

    Year Plant & Equipment Division 43 Total Maximum

    Tax Payable Reduction

    Year Minimum Maximum

    Min - Max

    Tax Depreciation Estimation

    Min - Max

    Tax Payable Reduction

    Disclaimer

    The MCG Tax Depreciation Calculator provides a general estimate of the depreciation that may be claimable on a property.

    MCG Quantity Surveyors makes no guarantee on the accuracy or completeness of the MCG Tax Depreciation Calculator's results, and disclaims any liability for any explicit or implicit statements or omissions.

    The MCG Tax Depreciation Calculator's outcomes are based on various assumptions, and may not align with your individual situation. By using the MCG Tax Depreciation Calculator, you acknowledge the necessity of conducting your own analysis and obtaining independent advice before acting on any information it provides.

    The MCG Tax Depreciation Calculator's results regarding future property depreciation should not be seen as guarantees, and there is no assurance that the depreciation amounts suggested will be claimable.

    The MCG Tax Depreciation Calculator is not endorsed by the Australian Taxation Office.