Hi All,
I received a letter from DEPpro (depreciation schedule company) the other day stating that a recent court case (“Tax ruling threatens property outlook” – Australian Fin Review Friday 17 January 2003) by Allan Woodward versus ATO declared that certain items be treated as part of the building (as opposed to plant) e.g. switchboards, cabling, gas and telephone installations, bathroom mirrors and shower screens, mirrored doors, security screens, pool and spas and protective bollards.
DEPpro will “kindly” only charge me $67 to rework the depreciation schedule (very nice of them isn’t it!!).