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534 what is depreciation?

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Manage episode 502592196 series 2457897
Content provided by Dev Raga. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dev Raga or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In today's episode, Dev explains what depreciation is, how it works and how it can save you on tax, particularly if you own a property or run a business. He covers:


๐Ÿ‘‰๐Ÿพ what is depreciation?

๐Ÿ‘‰๐Ÿฟ types of depreciating assets

๐Ÿ‘‰๐Ÿป why it's so important

๐Ÿ‘‰ concepts within depreciation

๐Ÿ‘‰๐Ÿผ the two methods - prime cost & diminishing value

๐Ÿ‘‰๐Ÿฝ and practical examples using these methods


Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.


Need a mortgage broker? Check out https://www.spherehomeloans.com.au

Need to review your personal insurances? Head to https://skye.com.au


To chat with a professional and get help about your situation, click here.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

338 episodes

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534 what is depreciation?

Dev Raga Personal Finance

124 subscribers

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Manage episode 502592196 series 2457897
Content provided by Dev Raga. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dev Raga or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In today's episode, Dev explains what depreciation is, how it works and how it can save you on tax, particularly if you own a property or run a business. He covers:


๐Ÿ‘‰๐Ÿพ what is depreciation?

๐Ÿ‘‰๐Ÿฟ types of depreciating assets

๐Ÿ‘‰๐Ÿป why it's so important

๐Ÿ‘‰ concepts within depreciation

๐Ÿ‘‰๐Ÿผ the two methods - prime cost & diminishing value

๐Ÿ‘‰๐Ÿฝ and practical examples using these methods


Dev Raga Personal Finance is proudly supported by Sphere Home Loans and Skye Wealth.


Need a mortgage broker? Check out https://www.spherehomeloans.com.au

Need to review your personal insurances? Head to https://skye.com.au


To chat with a professional and get help about your situation, click here.

Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

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