Published 26 June 2026 · Last updated 26 June 2026
Quick Answer
You may be able to write off the remaining value of eligible assets removed during a renovation. This depends on the asset type, depreciation history, evidence available and your accountant's review.
When renovating, investors often remove assets that still have value.
Examples:
Carpet
Blinds
Appliances
Kitchen fittings
Bathroom fittings
Air conditioning
Hot water systems
Commercial partitions
Office fit-out
Hospitality equipment
If these assets had remaining written-down value, they may be reviewed for scrapping or balancing adjustment treatment.
The best process:
Review the property before renovation.
Photograph existing assets.
Prepare or update depreciation schedule.
Record what is removed.
Keep demolition and replacement invoices.
Give records to accountant.
Frequently Asked Questions
Can I write off an old kitchen?
Possibly, depending on the asset values and tax treatment.
Do I need a pre-renovation inspection?
It is strongly recommended.
Can commercial fit-out be scrapped?
Yes, where eligible and properly documented.
What if I already renovated?
Photos, invoices and old listings may still help.
Can Koste.ai assist?
Yes. Koste.ai can help collect evidence and request a review.