All Topics / Legal & Accounting / landscaping; how to account for it

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of andrew8andrew8
    Participant
    @andrew8
    Join Date: 2002
    Post Count: 21

    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

    Profile photo of depreciatordepreciator
    Member
    @depreciator
    Join Date: 2003
    Post Count: 541

    ‘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
    [email protected]
    http://www.depreciator.com.au

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.