A Tax Depreciation Schedule is prepared by our qualified Quantity Surveyor outlining the depreciation allowances that investors are entitled to.
The report will highlight items of plant and equipment and capital costs that may be depreciated and then calculates the amount you can deduct each year as part of your tax return. All investors should have a tax depreciation schedule completed on their property to maximize your tax deductions and improve the cash flow position of your investment.
Ways We Maximise Your Depreciation
1. Property inspection as standard.
2. Calculations start from your specific settlement/rental commencement date.
3. Past renovations and improvements prior to purchase are factored in.
4. Reports valid for 40 years.
5. The time you have lived in the property taken into account.
6. Joint ownership and split reports as standard where applicable.
practicable and affordable solutions across a range of streams including
Work Health & Safety
Sinking Fund Forecasts
Tax Depreciation Schedules
Latest Compliance News
There is a serious side to operating and maintaining high bather load swimming pools and spas such as those in Strata Communities.
In December 2017, new national metering rules took effect that have created greater market competition and increased innovation in product design and service delivery creating better options for everyone.
The Queensland Fire and Emergency Services (QFES) is currently in the process of issuing the Annual Alarm Management Charge (AMC) for the 2019-20 financial year.
The inspection of main switchboards and testing of communal safety switches is something that we too often see has been overlooked by strata building owners.