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What is a depreciation schedule, and why do you need it?

What is a depreciation schedule, and why do you need it?

Depreciation is often overlooked when it comes to the deductions you make each year at tax time. It’s easy to do given depreciation is a non-cash deduction. On average, in the first financial year, investors can expect to claim around $9,000 in depreciation deductions. There are two types of depreciation — capital works and plant […]