It is recommended that investors engage a qualified Quantity Surveyor to carry out a Comprehensive Tax Depreciation schedule and report. When purchasing a second hand property you will need a Quantity Surveyor to establish a cost base for your assets, including calculating the historical construction costs.
Koste Tax Depreciation Quantity Surveyors ensure our clients tax depreciation entitlements are correct and maximised in accordance with current ATO legislation. From your initial enquiry, Koste will provide a professional and personal service assigning one of our professional Quantity Surveyors to carry out your property inspection and finalise your report.
We believe that our product is one of the best on the market and rivalled by our competitors. Our Tax Depreciation reports offer clients both a quality product for a very competive fee structure.
Call today 1300 669 400 or email firstname.lastname@example.org to request either a free estimate or simply book for one of our Quantity Surveyors to complete your report.
A typical investment property may include both Div. 40 (Capital Allowances) and Div. 43 (Capital Works) deductions. The following examples illustrate room assets and the type of deduction which may be claimed.
The following example demonstrates the potential income tax saving when you include Tax Depreciation as a deduction on your Tax Return. More than 60% of investors fail to include this and are missing out on potential Tax Savings.