Key Takeaways:
- BMT Tax Depreciation is a quantity surveying firm that prepares tax depreciation schedules for property investors.
- A quantity surveyor inspects your property, then BMT prepares a schedule that your accountant uses at tax time.
- BMT quotes a one-off, tax deductible fee, and you can claim plant, equipment and structural works.
- The schedule suits many investors, although the 2026-27 Budget announced limits on negative gearing for some established homes.
BMT Tax Depreciation helps property owners claim deductions that many investors overlook at tax time. Buildings and fittings lose value over time, and the ATO lets owners claim that wear and tear. Consequently, a schedule can lift cash flow and reduce taxable income annually. This article explains what BMT does, who it serves, what it charges and whether it pays off.
What Is BMT Tax Depreciation?
BMT Tax Depreciation is a quantity surveying firm that prepares tax depreciation schedules for property investors and businesses. Property depreciation deductions cover wear and tear to buildings and fittings, so they reduce taxable income each financial year. Additionally, the firm works with residential and commercial owners, accountants, and property professionals across every state and territory.
BMT operates as a registered tax agent with the Tax Practitioners Board, so clients gain added confidence. However, the Australian Taxation Office sets the rules, so owners should confirm every claim with their accountant.
What a Tax Depreciation Schedule Includes:
A tax depreciation schedule lists every deduction available on an investment property over its lifetime. It covers plant and equipment assets, such as appliances and carpets, plus the building’s structural capital works. Furthermore, the ATO generally allows capital works deductions of 2.5% yearly for forty years after construction.
However, owners generally cannot claim second-hand assets inside residential rentals under rules that began on 1 July 2017.
Who BMT Works With:
BMT mainly serves residential property investors who want to maximise deductions on rental properties. It also prepares schedules for commercial owners, and tenants who can claim depreciation on their fit-outs.
Meanwhile, BMT also partners with accountants, mortgage brokers, property developers and real estate professionals. Indeed, H&R Block says it has worked with BMT for over ten years.
How a BMT Depreciation Schedule Works
Firstly, you request a quote online or by phone, and BMT confirms the cost. Secondly, a quantity surveyor inspects the property and records every asset that qualifies for a deduction. Thirdly, BMT prepares the schedule and sets out the deductions you can claim in each financial year.
Finally, you give the schedule to your accountant, who adds the amounts to your tax return. Moreover, the ATO’s rental expenses guidance explains which deductions apply to your situation. Consequently, the one-off fee covers a schedule that BMT says lasts a lifetime.
How Much Does BMT Charge, and What Can You Claim?
BMT Tax Depreciation charges a one-off fee, and the firm issues a quote before any work starts. The schedule then lists the tax deductions you can claim on the building and its fittings. Your accountant applies those amounts to your tax return, which lowers your taxable income for the year.
Consequently, the service can boost cash flow when the deductions outweigh the fee. However, investors should understand that results depend on the property’s age, purchase price and condition. Specifically, newer buildings generally contain more deductible assets and structural works than older properties do.
BMT Fees:
BMT confirms your fee through a quote, which you can request online or by phone. Before you commit, you can also use BMT’s online calculator to estimate likely deductions.
The fee is one-off and 100% tax deductible, so the real cost falls after tax time. Moreover, BMT tells you upfront if it doubts you can claim deductions on your property.
Typical Returns and the BMT Guarantee:
Depreciation benefits for investors vary by property, but BMT publishes these headline figures and terms:
- BMT says residential clients claimed an average of $12,000 in first full financial year deductions.
- One case study shows a $730,000 new house producing $15,500 in first-year deductions.
- The BMT Guarantee promises deductions worth double its fee in the first full financial year, or no charge.
- If the inspection falls short, BMT contacts you with the option to cancel the report.
- BMT offers a guarantee to all customers, regardless of the property type involved.
Is BMT Tax Depreciation Worth It in 2026-27?
BMT Tax Depreciation suits investors looking to maximise deductions on newer residential or commercial properties. However, the 2026-27 Budget announced limits on negative gearing for established homes bought after 12 May 2026. From 1 July 2027, those losses can only offset rental income or residential capital gains.
Unused losses carry forward, so a depreciation schedule still holds valuable records for later years. Meanwhile, properties owned or contracted before that time keep the current rules until sale. Overall, a schedule still increases deductions, so engage your accountant before you request a quote.
Conclusion
BMT Tax Depreciation gives property investors a clear way to claim deductions on wear and tear. The firm inspects your property, prepares a schedule and hands it to your accountant for your tax return. It charges a one-off fee that is tax deductible, and the guarantee promises double that amount in deductions.
However, the 2026-27 Budget announced limits on negative gearing for some established homes, so results vary. Overall, a schedule still suits many investors, especially when a newer building holds more deductible assets. Are you ready to request a quote and check what your property could claim?