Who can do bathroom renovation’s?
While anyone that knows how to use a hammer can renovate and DIY’s are great for residential. For commercial renovations it is a requirement that qualified trades with a current license complete the things that can impact your insurances like pipe works, waterproofing and commercial electrical works etc.
Are bathroom renovations worth it?
The main reasons you would look to renovate is functionality, repair, or cosmetic. Perhaps you’re having a company re-brand or looking to upgrade the look and feel of your bathroom whatever the case, any renovation is worth doing if you have the time, budget and patience.
Are bathroom renovation tax deductible?
According to ATO Government site, regardless of whether you rent or own, whoever occupies the fit-out can claim it as a capital expense and either claim as depreciation or deduct as a “capital works deduction”. Either option means you won’t be able to claim it back straight away only at a percentage, generally 2% or 4% of the cost over the period of its life. But when you leave the premises and need to knock it down or “make good” you can bring forward the capital works and claim the residual value. If the fixture stays then the depreciation can be claimed by the new owners. You can view more on this here.