MCG QUANTITY SURVEYORS BLOG
What is a tax depreciation schedule and how can it change your tax return?
Albert Einstein said if you can’t explain something simply, then you don’t understand it well enough. So, it’s time to test my understanding of tax depreciation schedules! A tax depreciation schedule is simply
Read More »Property Market Scorecard for 2017 and 2018 Predictions
What a year property has had in 2017. We’ve seen some double-digit growth in major capital city markets and a big move from APRA in the investor lending space. We’ve also written extensively
Read More »How much investors are losing to depreciation changes to plant and equipment
We recently analysed 1,000 residential depreciation schedules and found that 82% of them would still benefit from having a depreciation schedule completed, given the impact of depreciation changes to plant and equipment. In
Read More »Critical misinformation around property depreciation changes
The senate has passed the depreciation changes (as of writing it is awaiting royal assent), but unfortunately a number of large quantity surveying firms have been reporting incorrect or incomplete analysis of the
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