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A tax depreciation schedule is a professional report prepared by a suitably qualified Quantity Surveyor which shows the amount of depreciation able to be claimed in the property over the life of the building. Tax Depreciation schedules should last 40 years and include both the diminishing value method (which includes 100% deductions and pooling) and the prime cost method.
The report will identify each year, from the date of purchase, the total tax depreciation claim available to the property investor.
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A Quantity Surveyor should be able to answer all of your detailed questions and will ensure that no items are missed, the maximum claim is made and that the report complies with the ever changing rules prescribed by the Australian Taxation Office (ATO).
We service Sydney, Newcastle, Melbourne, Brisbane & Regional Australia.
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on 1300 795 170 to ensure you have a professional
maximising your tax depreciation deductions.