TaxUpdate - Informative, Accurate and Affordable. Update your Depreciation Schedule Online!

The Australian Federal Government is spending an extra $216.4 million in assisting the ATO to enforce Tax Compliance Rules on taxpayers with the current focus heavily on real estate. A concise list of allowable depreciation for residential property issued earlier this year eliminates any doubt what the ATO will accept. To ensure your claim complies, use TaxUpdate online. The TaxUpdate service is easy, informative, accurate and affordable.

Click here to read more about updating your property depreciation schedule.

Property investors are in for a rude shock as changes to tax depreciation laws will be enforced when they lodge their next tax return. ATO Commissioner Michael Carmody states "the new changes help remove doubt that has led to items being misclassified and deductions being incorrectly claimed."

Courtesy of Mr Patrick Lion -
Journalist - The Courier Mail 27 April, 2005
Read his article here

The Directors of TaxUpdate and Urban Consulting Pty Ltd are experienced professionals with expertise in all facets of quantity surveying, building and construction costs, development and building project management consulting services.