Tax benefits in the healthcare sector

Tax benefits in the healthcare sector

If you bought, built, extended, fitout or refurbished a property in healthcare sector, you will likely be entitled to claim wear and tear allowances.

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Tax benefits in the healthcare sector

This includes expenditure in any of the following:

  • Nursing home
  • Primary care centre
  • Hospital
  • Healthcare centre
  • Medical centre
  • Residential care centre

You may be entitled to a tax / cash benefit of 12.5%, 25% or 55% of the total qualifying expenditure. Wear and tear allowances are akin to a tax deductible expense and are available in respect of qualifying capital expenditure incurred on the provision of plant and machinery.

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