TAX BREAKS ON OLD AND NEW

Many pub owners effectively throw away many thousands of dollars by not making the most of tax depreciation laws on property acquisitions and renovations, says specialist Mark Wilkins. β€œFor most typical pubs we find there is generally around $500K in

COVID RENO DEPRECIATION CLAIMS LOST

Amid a wave of rapidly executed renovations in response to pandemic conditions, many hotel owners are missing out on claiming their available depreciation deductions, according to an industry specialist. Hoteliers and commercial property owners most commonly underclaim on depreciation because

HOTELIERS OVERPAYING TAX EVERY YEAR

A commercial finance specialist says every year many hotel owners pay tens of thousands of dollars more tax than necessary by failing to effectively claim capital allowance and depreciation. Regular accountants may not aware of the full benefits that can