Why your tax return can’t wait until 1 July
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Description
With the end of financial year (EOFY) looming, Phil pulls in the big guns to find out how investors can maximise the returns on their properties – but they must act soon. Smart Property Investment’s Phil Tarrant is joined by Bradley Beer, the CEO of BMT Tax Depreciation, to chat through the costs and benefits of a tax depreciation report. The pair pore over Phil’s latest depreciation reports, explaining how they are put together, what they do, and why they can be so valuable when it comes to filing a tax return. Brad also flags the importance of investors getting ahead of tax season to put their property affairs in order, warning that investors only have until 30 June to order their report if they wish to make a depreciation claim for the 2023–24 financial year. Are you ready for EOFY? Featuring insights from Bradley Beer himself, check out the investor’s essential EOFY guide here.
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