Re: Repairs and Maintenance of Common Property › Flat Chat Strata Forum › The Professionals › Repairs and Maintenance of Common Property › Current Page 19/07/2011 at 10:02 pm #13301 Mr Strata Chilliblue, As the OC only pays tax on interest earnt on the funds that they hold, the OC can not claim depreciation….(the OC doesn’t pay much in the way of tax)