Does my depreciation report for a rental property go under capital works or capital allowances on my tax?
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Construction cost is capital works.
Capital works deductions | Australian Taxation Office
Generally, [new] plant & equipment such as appliance would be capital allowance; the building itself would be capital works.
If there's capital allowance, make sure to use only one of the schedules, generally should be called (straight line/prime cost) or diminishing.
Some common terms for capital allowance would be Div 40, depreciating plant & equipment, low value pool.
Some common terms for capital works would be Div 43, buildings & structural improvements or capital works deduction.
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