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...
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...
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