Can You Claim a Bathroom Renovation as a Tax Deduction?

Quick Answer

Bathroom renovations can be claimed as a tax deduction under certain conditions. If the renovation is for repairs or maintenance, it may be immediately deductible. However, if it's an improvement, it falls under capital works (Division 43 of ITAA 1997) and is depreciated over time. Always consult a Chartered Quantity Surveyor to maximise your claim.