May 2025

An organised client is a good client. 

And they make for a happy accountant.

Are there times when you have met with a client to do their tax return and asked them for something and they have said, ‘Ah, I forgot that.’ Or, ‘I didn’t know about that.’

A lot of clients need to be told about Depreciation Schedules. They will come to you at tax time with everything except a Depreciation Schedule.

Maybe it’s because they’re never heard of one.

Maybe they think their property is too old – they (and perhaps you) would be surprised.

Maybe it’s because they thought the tax deduction would be incidental – they could have another surprise in store for them.

Do you have a client you think might benefit from a Depreciation Schedule? Wouldn’t it be good if they had one before they see you.

You can make an enquiry here. We’ll call your client within the hour and tell them what depreciation might be in their property and how we can help them get it.

What else might be useful leading up to tax season for your client – and you?

Key Points

1. 1. May and June are when your clients should ideally make changes to their properties. We’ll update your clients’ existing Schedules with their improvements – free of charge.
2. 2. To help your clients prepare for the upcoming tax season, share our handy list of property related tax deductions.
3. 3. If you’ve got a client with a lot of depreciation related questions, send them to our free e-book: The Secrets of Depreciation Every Property Investor Should Know – all the answers will lie within!
4. 4. You don’t want to muck around in May and June. If you need a Depreciation Schedule quickly, use your booking link to lodge an enquiry in under a minute.

Now is the time for clients to do repairs or make improvements to their property.

May and June are when your clients should ideally make changes to their properties.

It’s the time to add those under $300 Assets, like exhaust fans, curtains, room heaters. As you would know, Assets under $300 are written-off immediately.

We put Assets costing between $300 – $1,000 into the Low Value Pool – 18.75% in the first part year and then 37% per year after that.

That’s the easy part. But what about repairs vs improvements?

If you’re lucky, your client will have talked to us and we will have given them our opinion on how the work could be treated. We’ll have asked them when they started to rent out the property, what the nature of the work was, and the all important question of whether the damage or deterioration happened while THEY were renting out the property.

If you’re unlucky, your client will give you a pile of receipts and expect you to work out how to treat them.

It’s another reason why accountants send their clients to us. We’ll have those conversations with your clients that you are too busy to have – or that drive you crazy.

We’ll update, for free, a client’s Depreciation Schedule with improvements, and tell them to take their repairs to you. You can read more on this service here.

We have a handy list of property related tax deductions we send clients.

You are welcome to use it and you can find it here: Property Related Tax Deductions 2025.

We have a few checklists we use for clients when they come to us for Depreciation Schedules and find that it makes our life easier.

Sending a list of property related deductions to your clients might make your life easier.

At the very least, it could mean you get their tax return sorted out in the one meeting without waiting for them to send in things they forgot, like that pest treatment last year.

Or the Special Levy payments outside of the regular strata fees.

Maybe the rubbish removal costs when they finally got rid of that problem tenant.

And what if you have a client with lots of depreciation related questions?

Those questions can be pretty obscure and take up a lot of your time. 

Questions like, ‘Can I depreciate renovations if I didn’t do them?’   

‘How do I cost them?’

‘Does my property need to be inspected for a Depreciation Schedule?’

Do I have to depreciate that Special Levy?’

Maybe after, say, question two you suggest the client have a look at our free ebook.

We have answered just about every possible question your clients could have on depreciation in The Secrets of Depreciation. (So they’re probably not a secret anymore.)

It’s a compilation of the questions we have been asked over the last 20 plus years – we get asked a lot of questions.

Your clients can download our free ebook here. 

There might even be some things you weren’t aware of. 

Why is our turnaround time so good?

Depreciator has consistently been turning around Depreciation Schedules within 5-10 working days. 

We’ve even done the odd one within 24 hours after a panicked call from an accountant on behalf of their client.

Maybe it’s because we have been doing this for over 20 years and have very good systems.

It could be because we know what we’re doing and when we talk to your clients we can deal efficiently with their often endless questions.

And because we always look for the most sensible solution – not all properties need to be inspected.

Just let us know if you or your client are up against a deadline – we’ll get it done for you.

You can use your booking link here and get an enquiry going in under a minute.

Nobody has time to muck around in May and June.

We talk in short sentences then.

And use short words.

Enquire now for a property-specific assessment

Has this article reminded you about a client’s investment property? Residential properties, commercial properties, even farms, we do them all.

If you want us to talk to a client about a Depreciation Schedule, make a no-obligation enquiry and rely on our 20-plus years of experience in estimating depreciation returns.