by Mark Kilroy | Jan 9, 2023 | Blog, Commercial, Residential
Accounting depreciation and tax depreciation are two different methods of calculating the decline in value of an asset over time. While they may seem similar, there are some key differences between the two. Accounting depreciation is the method used to allocate the...
by Mark Kilroy | Jan 9, 2023 | Blog, Commercial, Commercial Deprecation
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 | Blog, Commercial, Commercial Deprecation
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 | Blog, Commercial, Residential
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, Residential, Uncategorized
The History of a Quantity SurveyorA 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, Residential
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...
Recent Comments