by Mark Kilroy | Jan 9, 2023 | Commercial & Business Tax Depreciation, Tax Depreciation
With many businesses feeling the pressure of supply costs and inflationary pressures, reducing taxes can help with cash flow significantly. Here at Koste, we specialise in helping thousands ofbusinessess prepare and manage Tax Depreciations schedules. This process...
by Mark Kilroy | Jan 9, 2023 | Commercial & Business Tax Depreciation
Temporary full expensing is a tax policy that allows businesses in Australia to immediately write off the cost of eligible new assets that they purchase and install. This means that businesses can claim the full amount of the asset as a deduction in the year that they...
by Mark Kilroy | Jan 9, 2023 | Commercial & Business Tax Depreciation, Residential Tax Deprecation, Tax Depreciation
Negative gearing is a term that is used to describe a situation where the costs of owning an investment, such as a rental property, are greater than the income it generates. When this happens, the investor is said to be “negatively geared.” This can occur...
by Mark Kilroy | Jan 9, 2023 | Commercial & Business Tax Depreciation, Residential Tax Deprecation
The History of a Quantity Surveyor A quantity surveyor is a professional who specialises in the measurement, valuation, and management of the costs of construction projects. The role of a quantity surveyor has evolved over time, but the basic principles of the...
by May | Dec 10, 2021 | Commercial & Business Tax Depreciation, Residential Tax Deprecation
Most second-hand properties will have undergone some sort of renovation or asset replacement since they were built and will benefit from depreciation deductions on the cost of these works. For residential properties. Building improvements need to have been completed...
by May | Jul 6, 2021 | Commercial & Business Tax Depreciation, Residential Tax Deprecation
We do recommend completing a site inspection where possible with one of our qualified Quantity Surveyors, especially on commercial properties, apartments, and second-hand residential properties. This will ensure maximum depreciation benefit on plant and equipment...
