• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Interiors Addict

Heart Your Home

@interiorsaddict on Instagram   @interiorsaddict on Facebook   @interiorsaddict on Pinterest  
Subscribe
  • Job Board
  • About
  • Before & Afters
  • RENO ADDICT
  • Kitchens
  • Bathrooms
  • Kids Rooms
  • Bedrooms
  • Living Room
  • Shopping
  • Expert Tips
  • Recipes
  • Parenting
  • Travel
Interiors Addict
  • Job Board
  • About
    • Our Story

      Australia’s largest interior design, styling and renovation blog for the everyday Aussie. By former journalist and magazine editor Jen Bishop, the original interiors addict!
      READ MORE

      We’re big on Instagram!
      @interiorsaddict

      • About
      • Contact Interiors Addict
      • Work with Interiors Addict
      • Advertise / Find a job in Interiors
      • Press
      • Get Your Free Ebook

        This field is for validation purposes and should be left unchanged.
    • bookcover-jens-reno
  • By Room
    • Browse by Room

      Where you can search for all our posts about a specific room. Only interested in kitchens and bathrooms? We got you!

      • Kitchens
      • Bathrooms
      • Kids Rooms
      • Bedrooms
      • Living Room
      • Home Office
      • Dining
      • Laundry
      • Outdoor & Exteriors
      • Renting
    • bookcover-jens-reno
  • Before & Afters
    • Before & Afters

      Who doesn’t LOVE a good before & after? If you want to be inspired by the whole reno process, and not just the shiny photos at the end, this is the place for you!

      View Articles

      • Before & Afters
      • Jen’s reno
      • Real Renos
      • RENO ADDICT
    • 1-AFTER-SHA15-ROSELANDS-0P9A4910Before & after: this week’s Selling Houses recap: Roselands, NSW
    • Will's favourite room in the homeBefore & after: rundown boarding house to beautiful heritage home
  • Reno Addict
    • RENO ADDICT

      Looking for reno inspo? Find it all here, from other people’s projects to the latest trends, tools and products, whether you’re DIY-ing or employing trades.

      View articles

      • Reno Products
      • The Block
      • DIY
      • Reno Trends
      • Before & Afters
      • Real Renos
    • Screen Shot 2023-06-05 at 1.02.09 pmWattyl release 500 new colours after Milan design fair
    • Kippax_Street_26-44__c9a0-3164-985e-7be7-8fed-7516-c898-e21a_20230519024159_originalMan behind stylish Sydney bars applies magic to apartment reno
  • Shopping
    • Shopping

      Want to know where to buy the latest furniture, homewares, rugs, art and more? We’re always sharing our latest finds and telling you where you can buy them.

      View Articles

      • Furniture
      • Homewares
      • Art
      • Smart Home
      • Appliances
      • Reno Products
    • PH_21953Furniture that doubles as art, by former tradies FEARON
    • Screen Shot 2023-06-05 at 1.02.09 pmWattyl release 500 new colours after Milan design fair
  • Inspiration
    • Inspiration

      While Jen’s a legitimate interiors addict, she’s no design professional, so she calls on an army of the country’s best to share their expertise with you. Be inspired by their stories too!

      View Articles

      • Decorating 101
      • Interviews
      • Expert Tips
      • Before & Afters
      • House Tours
      • Designers
      • Styling
      • Renovating
      • Real Renos
      • Covet my coffee table
    • 6X05UPXRZON-Nine-Square-Bondi-2-of-15-Photography-by-Anson-Smart-loresAustralian Interior Design Awards 2023 winners
  • Lifestyle
    • Lifestyle

      We’re mostly about the home but Jen also likes to share other things she thinks you’ll love, like food and travel.

      • Recipes
      • Travel
      • Parenting
    • Winning-Appliances_Apple-TurnoversFoodie Friday: The classic apple turnovers
    • Airbnb-Rooms-Bangkok-Bedroom-2023-Summer-ReleaseAirbnb launches Airbnb Rooms, going back to its affordable roots
  • Jobs
    • Advertise on our job board
    • Job Board FAQs for advertisers

How to save money by claiming deductions on what’s outside

By Olivia Shead • Leave a Comment

FacebookPinEmailTweet

When it comes to claiming depreciation on investment properties, many investors are unaware of the deductions available on outdoor structures, fixtures and fittings.

ModernOutdoorFurniture_tstock_99716607

Items outside a building can add value to a property. Rather than ignoring the street appeal, investors can include items in the yard or outdoor area to help attract potential tenants. The investor can then maximise their deductions by claiming depreciation on the eligible items in the front yard, backyard and on the balconies of their properties.

Deductions can be claimed on these outdoor assets as either capital works allowance or plant and equipment depreciation.

Capital works allowance, also known as building write-off, is based on the historical cost of a structure, excluding the cost of plant and non-eligible items. Outdoor structures which qualify for the capital works allowance include:

BMT Tax Depreciation ~ Outdoor Appreciation Increases Depreciation ~ 09.12

Plant and equipment items, including removable or mechanical assets, are also eligible for depreciation deductions. Each plant and equipment item has an effective life set by the Australian Taxation Office.

The depreciation available on each item is calculated using the effective life. Some depreciable outdoor plant and equipment items commonly found outside a property include:

BMT Tax Depreciation ~ Outdoor Appreciation Increases Depreciation ~ 09.12 (2)

Assets outside a property can be worth thousands of dollars. Investors should take special notice when old assets including retaining walls, garden sheds and driveways are removed and replaced during a renovation. They may be entitled to claim 100% of the unclaimed value as a deduction. A specialist quantity surveyor is qualified to calculate values and construction costs of these items and can ensure that investors are not throwing dollars away.

— Bradley Beer is the managing director of BMT Tax Depreciation. A depreciation expert with over sixteen years experience in property depreciation and the construction industry.

FacebookPinEmailTweet

March 6, 2015

Primary Sidebar

Popular This Week

  • Tiny house living Australia: stylist finds it cosy & affordable
  • Australian kitchen dimensions: standard sizes for every last detail
  • Palette Cam 15 apps to help you build your dream home
  • A closer look at this year’s Dulux Colour Awards winners
  • Block’s Andy & Deb share kitchen & laundry tips from new reno

Follow us on Instagram

Brothers Jack and Mark Fearon, of Australian desig Brothers Jack and Mark Fearon, of Australian design and fabrication company, @__fearon__ first started their business in 2019 as a creative outlet and antidote to their more commercial work.

Their pathway to design was somewhat unusual. Jack, a plumber by trade and Mark, a boilermaker, worked as industrial fabricators making large-scale water trucks.

Jack says he’s conscious of making pieces that are sculptural, but also very usable. “We don’t think our pieces are there just to look good,” Jack says. “We love seeing our pieces in people’s homes and in galleries, restaurants and hotels, with things all over them. They’re for real life.”

FEARON’s handmade pieces are aluminium and designed for longevity. Jack says the material choice means pieces are lightweight, easy to sculpt and entirely recyclable.

Read more on the blog now, via link in bio.

#aluminiumfurniture #australianfurniture #australianfurnituredesign #australianfurnituredesigners #sculpturalfurniture #furnitureasart #modernheirloom #modernheirlooms #interiorsaddict #theinteriorsaddict #jenbishop #heartyourhome #fearon #aluminiumart #funfurniture #careerchange
Known for his stylish bar and shop fitouts, @jform Known for his stylish bar and shop fitouts, @jform__ this year turned his hand to an apartment reno and created something really special!

Come and tour this beautiful one bed warehouse conversion in Sydney's Surry Hills on the blog today via link in bio.

Currently for sale though @bresicwhitney

#apartmentinterior #apartmentlove #apartmenttour #mezzaninefloor #mezzaninebedroom #warehouseconversion #factoryconversion #surryhillslife #surryhillssydney #surryhillslocal #shopfitout #barfitout #shopfitters #jform #interiorsaddict #theinteriorsaddict #heartyourhome #jenbishop #coolapartment #funkyinteriors #customjoinery
When her styling business took a hit, @vaultinteri When her styling business took a hit, @vaultinteriors decided to reduce her outgoings by moving to a tiny house. And we're not sure we've ever seen a more stylish one!

Although the move to a container home was motivated by financial pressures, Justine Wilson is loving her new simpler way of life.

Read her refreshingly honest, positive interview on the blog now, via link in bio.

It'll make you want to downsize too!

#tinyhomes #tinyhouse #tinyhome #tinyhouses #tinyliving #livingbiginatinyhouse #tinyhousemovement #tinyhouseonwheels #tinyhouseliving #tinyhousenation #tinyhouseattractive #tinyhomedesign #containerhouse #containerhome #containerhomes #containerhouses #containerhomedesigns #interiorstylist #interiorsaddict #theinteriorsaddict #heartyourhome #jenbishop #smallspaceliving #smallspacedesign #downsizeliving #downsize #downsizingandminimizing #escapetothecountry #hawkesburyriver #hawkesburyriverlife
Appliance colour trends: They've certainly change Appliance colour trends:

They've certainly changed over the years. Remember when ALL fridges were white?! I remember the original BROWN wall oven in our 60s kitchen here pre-reno! I think the dishwasher was brown and beige (and it tripped the electrics every time we used it!) 😜

What do you think of this new dark stainless steel option (pictured) from Westinghouse as seen in @dnaofdesign_'s latest reno? Yay or nay? 

What colour do you like your appliances?

See the rest of this home and kitchen and laundry design tips from the ex Blockheads on the blog now via link in bio.

#kitchenappliances #walloven #wallovens #combioven #combioven #microwaves #builtinappliances #builtinoven #builtinovens #homeappliance #westinghouse #kitchentrends #ovens #laundryappliances #darkstainlesssteel #stainlesssteelappliances
SALE ALERT! Listen up Sydneysiders, one of my fav SALE ALERT!

Listen up Sydneysiders, one of my favourite home stores @shack.furniture.homewares are having their annual warehouse sale this week, from Thursday until Saturday.

HUGE savings on furniture, homewares and decor with 30 to 80% off. Wowsers!

I'm a big fan of SHACK and can never leave one of their stores without a few styling goodies for my place! It's just too tempting!

While you're at the sale, mention Interiors Addict for an extra 10% off!

Unit 16a, 1801 Botany Rd, Banksmeadow NSW 2019

Thursday 1st to Saturday 3rd June 2023, 9am to 4pm. Not online.

#sydneyshopping #sydneysale #sydneysales #sydneyfurniture #shackfurniture #shackfurniturehomewares #interiorsaddict #theinteriorsaddict #jenbishop #heartyourhome #comeshoppingwithme
A door to door continuous curved stone ledge in th A door to door continuous curved stone ledge in this bathroom is one of the cleverest designs we've seen in a while!

This mega ledge, made of Corian, even incorporates a sink, seamlessly.

Combined with venetian plaster on the walls, it's no wonder this Illawarra bathroom by @birdblackdesign feels like a day spa!

Come check it out via link bio.

Lead designer Stuart Gibson says: "One smooth curve, right around the room, from either side of the door opening. As it moves around, it creates a ledge for the bath: for bath oils, lotions, a book and a champagne glass. The ledge continues around and becomes the vanity, widening out to create a custom seamless basin."

#bathroomhappiness #bathroomdetails #bathroomshelves #bathroomshelf #venetianplastering #coriandesign #coriansolidsurface #spalikebathroom #spabathroom #sustainablebathroom
Catch the season finale of @sellinghousesaus last Catch the season finale of @sellinghousesaus last night?

We have all the before and afters for you on the blog now, via link in bio (and swipe for a taster).

#sellinghouses #sellinghousesaustralia #foxtel #lifestylechannel #beforeandafterkitchen #beforeandafterlivingroom #beforeandafterrenovation #realitytv #housetours #interiorsaddict #theinteriorsaddict #jenbishop #heartyourhome
😍 Not sure what's better: the custom mirror abo 😍 Not sure what's better: the custom mirror above the fireplace in this Art Deco one-bedder or the wallpaper in the kitchen (swipe)?!

It's been a while since we featured an apartment makeover on IA. Would you like to see more apartment interiors? Head to the blog now to see more of this one. Via link in bio.

#artdecoapartment #artdecointerior
#artdecomirror #artdecofireplace #artdecomelbourne #artdecofurniture #artdecobuilding #artdecointeriors #apartmentrenovation #apartmentinterior #smallspaceliving #melbourneapartments #melbourneairbnb #kitchenwallpaper #wallpaperaustralia
Low tox and planet friendly laundry liquid (and sh Low tox and planet friendly laundry liquid (and sheets and soap and powder!). We have a great roundup of the best options on the blog today. 

A whole host of brands are offering eco-friendly, low tox alternatives to the more chemical-laden ones. Not only that, they often smell amazing, look good on your shelf and come in recycled or recyclable (or even better, both) packaging. 

Good for your skin, your clothes and the planet: what’s not to like?

Do you use any of these?

COMPARE THEM ALL VIA LINK IN BIO NOW.

#lowtoxliving #lowtoxlife #lowtoxlifestyle #lowtoxhome #lowtoxlaundry #lowtoxswaps #naturallaundry #naturallaundrydetergent #naturallaundrysoap #ecolaundry #lowtoxcleaning #ecofriendlyhome #ecofriendlyhouse #laundryliquid #laundrypowder #laundrysoap #naturalcleaning #chemicalfreecleaning #interiorsaddict #theinteriorsaddict #jenbishop #heartyourhome
Follow on Instagram
Visit Jen's profile on Pinterest.

Get Your Free Ebook

Ebook cover

Never miss the latest renovating and interiors products, news and inspo again! Sign up for our newsletter and we'll send you the best bits from the blog, direct to your inbox. Plus you'll get our latest eBook: What Made The Biggest Impact in Jen's Own Reno.

This field is for validation purposes and should be left unchanged.
Avatar

About Olivia Shead

When she's not writing for Interiors Addict, Olivia is now a TV and radio news producer. She's a journalism graduate of UTS Sydney.

More from Outdoor & Exteriors

Why render is the unsung hero of garden design

Dine alfresco: how to style your outdoor with Alisa & Lysandra

Stunning backyard ideas on budget: from $500 to $4,000

This new box-style house is made for modern family living

Before & afters: Increase kerb appeal with this new Dulux range

Pool

A pretty pink plunge pool renovation in Melbourne

AFTER

Lush, resort-style backyard reno provides holiday at home

Plunge pool

Plunge pools: everything you need to know about small pools

2023 outdoor trends: Mediterranean is the new Hamptons

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Footer

Interiors Addict

Interiors Addict

  • About
  • Contact
  • Work with Jen
  • Press
  • Jobs
  • Privacy Policy
  • Disclosure Policy

Browse

  • RENO ADDICT
  • Jen’s Reno
  • House Tours
  • Real Renos
  • Interviews
  • Styling
  • Designers
  • Bedrooms
  • Covet My Coffee Table
  • Expert Tips
  • The Block
  • Art
  • Furniture
  • Recipes

Follow Us

  • Facebook
  • Instagram
  • Pinterest
  • RENO ADDICT

Copyright © 2011–2023 Addicted Media Pty Ltd
Website care by ClickWP · Log in

Share this ArticleLike this article? Email it to a friend!

Email sent!