Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
You must be logged in to reply to this topic. If you don't have an account, you can register here.
All Topics / Legal & Accounting / landscaping; how to account for it
Wealth Guardian and ATO publications say landscaping is not capital works.
How does one account for it in the case of a residential rental property?
Depreciable?
Deductible as expense?
Not at all?
A
‘Hard landscaping’ – concrete paths, retaining walls, paving etc – are depreciable. ‘Soft landscaping’ – plants, turf, dirt – aren’t.
Scott
Tax Depreciation Schedules
Australia wide service
1300 660033
scott@depreciator.com.au
http://www.depreciator.com.au
You must be logged in to reply to this topic. If you don't have an account, you can register here.
Step 1 - 0% Complete
Step 2 - 50% Complete