Residential Archives - Page 2 of 4 - Koste Chartered Quantity Surveyors
What is Low-Value Pooling?

What is Low-Value Pooling?

Low-value pooling is a method of depreciating plant items at a higher rate to maximize deductions. Section 40E of the Income Tax Act of 1997, which contains information about both low value and low cost assets, has the low value pool provisions in place since July 1,...
What is Tax Depreciation?

What is Tax Depreciation?

Depreciation is a tax deduction claimable for the natural wear and tear of your building and assets over time, as they get older. The Australian Taxation Office (ATO) allows owners of income producing properties to claim this depreciation as a tax deduction. Unlike...
Why Should I Use Koste?

Why Should I Use Koste?

Koste charted Quantity Surveyor specializes in tax depreciation schedules for both commercial and residential clients throughout Australia. Our directors alone have a combined experience of more than 60 years in the tax depreciation and span industry and I believe we...
Do I need a site inspection?

Do I need a site inspection?

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...