Claiming Depreciation On An Office Fit-Out

Claiming Depreciation On An Office Fit-Out

 

 
So for guidance with a fit-out for the actual construction and fit-out of a building (so things you can't move, like walls, glass panels, and reception desks that are built out of the ground, that sort of thing) unfortunately we've got to claim them over forty years because they're fittings, rather than things like air conditioners or dishwashers and stuff like that where they do have an effective life of a lot less than forty years.
So if you are looking to spend on fit-out, these rules don't apply. It's more so the equipment and that sort of thing.
 
Watch the full Federal Budget Debrief at https://hubs.ly/H0BXp-G0