All Topics / The Treasure Chest / IP depreciation claim

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  • Profile photo of MiloMiloMiloMilo
    Member
    @milomilo
    Join Date: 2003
    Post Count: 22
    May 22, 2003 - 8:23 pm

    Hi everybody,

    Could somebody please explain what can I claim on my IP in form of depreciation. I heard it’s a figure of 2.5% on properties built after 1/07/1985?

    Is this on the purchase price or current price?
    Is this on price of the building or building and land?

    Thanks

    Milo

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