
'Millions' unclaimed by investors
New data from the ATO relating to rental property deductions for 2012-13 suggests that investors may be missing millions in deductions, claims BMT Tax Depreciation.
In a statement, BMT said it believes this data indicates that property investors could maximise their depreciation claims by using a specialist quantity surveyor and seeking the advice of an accountant, rather than choosing to DIY their depreciation claims.
Read the full story at AccountantsDaily.