by May | Dec 10, 2021 | Blog, Commercial, Residential
Not choosing the right Quantity Surveyor could cost you significantly in the long run. Comparing fees alone is a big mistake, as the service provided will differ. Each Quantity Surveyor has a different set of skills, whether this is specialising in cost planning,...
by May | Nov 24, 2021 | Blog, Commercial, Residential
It has been a number of years since the government announced in the 2017/18 budget measures to assist with the problems of housing affordability; however, investors are still unaware of these changes. These measures affected the tax legislation in relation to...
by May | Sep 28, 2021 | Blog, Commercial, Residential
Low-value pooling is a method of depreciating plant items at a higher rate to maximise deductions. Section 40E of the Income Tax Act of 1997, which contains information about both low-value and low-cost assets, has had the low-value pool provisions in place since July...
by May | Sep 1, 2021 | Blog, Commercial, Residential
What is Tax Depreciation? The structure of a building, as well as the assets contained within, deteriorates with time. Depreciation is the process of claiming a deduction for your property’s natural wear and tear. The Australian Taxation Office allows owners to...
by May | Jul 6, 2021 | Blog, Commercial, Residential
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...
by beck@revolutioncreative.com.au | Apr 12, 2021 | Blog, Commercial
Many commercial properties or business owners are unaware of the Depreciation benefits until they have spoken with Koste. Koste has developed CODE (Creating Optimum Depreciation Entitlements) reporting to assist commercial property owners with the management of Tax...
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