Tax

Landlord Plant and Equipment Depreciation Deductions Limited to Actual Outlays

By Tax & Super Australia The government has made good on a measure announced in its 2017 Federal Budget, and now limits plant and equipment depreciation deductions to outlays actually incurred by investors. In essence, unless a taxpayer as the investment property buyer have physically purchased the assets to be depreciated, they can no longer […]

January 17, 2018