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Interest rates on Hold Yet Again at 1.5%

The Reserve Bank has left the cash rate on hold for the 23rd consecutive month at 1.5%.

This is good news for property investors, who are looking to to maintain their cash flow in a market where capital growth in residential properties is to some extent also on hold.

Inventors who may have not already done so should take advantage of Depreciation that can be claimed on their properties to further enhance their cash flow by minimising their tax liability.

If you are not sure about how to go about this, or how much extra cash it can put in your pocket, then contact the experts at Melbourne Tax Depreciation. We have been assisting property investors in this regard since 1982.

Thousands of dollars can be saved each year off your bottom line by simply obtaining a property depreciation schedule and submitting with your tax return.

You can also get a fast quote for a Depreciation Schedule here

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