Property Depreciation

Our Expertise

• QS-ING prepares property tax depreciation schedules for the purchase and construction of residential, commercial and industrial properties and developments.

• Our schedules detail the eligible deductions available to the taxpayer and project those eligible deductions over 10, 15, or 20 years, depending on the remaining life of the items and the client’s requirements.

• This service includes a thorough visual inspection of the property to identify, quantify and record (photographs) the items of plant and article eligible for depreciation at its maximum.

• QS-ING’s property tax depreciation specialist is a fully qualified Quantity Surveyor, a registered Tax Agent with the Tax Practitioners Board and an Associate Member of the AIQS.

 

Your Benifit

• Helps to minimise the property investor’s tax exposure on their property investments.

• Compliance with Australian Tax Office tax rulings and guidelines for qualifying plant and equipment, capital allowances and structural improvements.

• All work is conducted by QS-ING, rather than the client contributing to a report that requires the client to do all the work.

• Potential tax savings generated from claiming depreciation entitlements far exceeds the fee associated with obtaining the property tax depreciation schedule and the fee is fully tax deductible.

• Fee allows for a 2-week turnaround however, the report can be provided 1 week after the property inspection is conducted for an additional 50% (excluding gst) of the agreed fee.

 

Request a free estimate of depreciation

 

Order a tax depreciation schedule