Search
Close this search box.

Call Us:

1800 803 339

Blog

End of Financial Year

End of Financial Year - Piggy Bank

With the End of Financial Year coming up, if you have a rental property, you could be missing out on savings.

Capital works deductions are available to residential properties built after 17th July 1985 on the following expenses:

  • building construction costs
  • the cost of altering a building
  • the cost of capital improvements to the surrounding property

If you own a rental property you may be able to claim a deduction for the construction cost of:

  • buildings
  • extensions, such as a garage or patio
  • alterations, such as adding an internal wall, kitchen renovations or bathroom makeovers
  • structural improvements – such as a gazebo, carport, sealed driveway, retaining wall or fence

Find out more on claiming Capital Works Deductions from the Australian Taxation Office.

FIND A SERVICE

Contact our team

1800 803 339

Featured Posts

Featured Project

Featured - 18 Jun 2021

Pool Storage

There is an old, wise saying: You can never have too much storage. We are Hire A Hubby believe this to be…

READ MORE

CUSTOMER REVIEWS

We can help attend to all of those jobs around your home, office or business.

Scroll to Top

Call Us:

1800 803 339

Group 122@2x

BECOME A HUBBY

Group 119@2x

COMMERCIAL SERVICES

Call Us:

1800 803 339

Group 122@2x

BECOME A HUBBY

Group 119@2x

COMMERCIAL SERVICES

AGED CARE SERVICES