Enzo Enzo, Author at 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...
Koste Monthly update – August 2021

Koste Monthly update – August 2021

Hi Mark Kilroy, here bringing our clients and partners August monthly update from the marina here in Cairns. It’s been a challenging few months for most of the country. We’ve locked downs. This tax season needs one. We’re going to remember for a long...
Referral Partner EOFY Update

Referral Partner EOFY Update

TAX DEPRECIATION SCHEDULE  – EOFY TIPS | REFERRAL PARTNERS The end of the financial year (EOFY) is almost coming to an end and property investors will be looking for the right advice and knowledge to help them correctly submit their tax return and claim...