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Commercial Property · Koste Knowledge Base

Can I Claim Depreciation on a Medical Centre Fit-out?

Quick Answer

Yes, you can claim depreciation on a medical centre fit-out under **Division 40** for plant and equipment and **Division 43** for capital works. Proper classification is crucial to maximise tax benefits. Consult with a Chartered Quantity Surveyor to ensure accurate claims.

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Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai