Tax Depreciation Mt Hutt Methven

Quantity Surveyors & Tax Depreciation Specialists

Accord Quantity Surveyors is Queensland's premier Tax Depreciation and Quantity Surveying firm. Our expertise in Tax Depreciation and Cost Management services is unrivalled and we have developed a nationwide reputation for integrity and quality that ultimately secures the best possible outcomes for our clients.

Tax Depreciation

Owners of income producing properties may be eligible to claim substantial tax deductions on their properties. The current tax legislation permits a building write-off allowance. In addition, owners will be eligible to depreciate the furniture, fittings and plant within their property, as well as their share of the common property. Claiming this Tax Allowance may significantly enhance the after tax return on a property. Both the first and subsequent owners of a property may claim Tax allowances. The owners' accountant may further be entitled to adjust the past 4 years' tax returns in lieu of unclaimed allowances. We service the entire Sunshine Coast area.

  Property Tax Allowances prepared by a professional will ensure the owner receives their full Tax Allowance and Depreciation benefit available under the current tax legislation. As a registered member of the Australian Institute of Quantity Surveyors, we have access to the act, tax cases and tax rulings. Continuous research ensures we provide our clients with the correct results.

  The Tax Office will accept Tax Depreciation Schedules based on estimates prepared by a Quantity Surveyor (IT 2640). Estimates prepared by valuers, real estate agents, accountants or solicitors are not acceptable (TD 94/83) to the ATO.

  We offer owners of income producing properties Tax Depreciation Schedules detailing a yearly allowance breakdown for a period of ten years, commencing from date of settlement. Our fee is fully tax deductible. We recommend that your Property Tax Allowance and Depreciation Schedules be prepared as soon as possible after purchase to assist you with cash flow planning. Each property in Australia is individually inspected by a professional consultant to ensure the best results for you.

A Tax Depreciation Schedule prepared by one of our Quantity Surveyors is one of the best investments a property investor can make. Claiming 100% of the allowable deductions can save investors thousands of dollars every year.