Depreciation is essentially the effective life of an asset and the amount it can reasonably be expected to decline in value over the time it is used. In other words it can be described as investment property tax deductions.
A Tax Depreciation Schedule is a document that lists all of the items of plant, equipment and capital costs which depreciate over time for a particular property. Each depreciable item has its value calculated and its effective.
SJB Quantity Surveyors specialise in the preparation of Tax Depreciation Schedules for residential and commercial investment properties to ensure the owners obtain the highest possible tax deductions their property allows them to claim. SJB Quantity Surveyors are considered one of the premier specialist quantity surveying consultants for tax depreciation. SJB Quantity Surveyors prepare Tax Depreciation Schedules for clients in Brisbane, Sydney, Melbourne, Adelaide, Gold Coast, Newcastle, North Queensland and Darwin.
One thing you may NOT be aware of is that accountants, solicitors, real estate agents and valuers are NOT appropriately qualified to provide a FULL tax depreciation schedule? Owners of investment properties should be aware that they should only contact a quantity surveyor who specialises in tax depreciation to ensure they maximise their depreciation claim. Quantity Surveyors are recognised as having the appropriate construction costing skills allowing them to accurately estimate building costs for Tax Depreciation purposes.
If you have a residential or commercial investment property and you don't have a tax depreciation schedule completed, then you could potentially be costing yourself thousands of dollars. At SJB Quantity Surveyors. Tax Depreciation Schedule will allow you to maximise your investment returns and minimise your taxation obligations. Call us and we will make sure that you take full advantage of the deductions available to you. SJB Quantity Surveyors have over 20 years' experience in the construction industry, which means that our qualified Quantity Surveyors can guarantee you will receive the best possible tax deduction available to maximise your investment returns. SJB Quantity Surveyors provide tax depreciation and quantity surveying services in Brisbane, Gold Coast, Sydney, Melbourne, Adelaide, Newcastle, Darwin, Cairns, Townsville, Rockhampton, Gladstone, Sunshine Coast, Toowoomba and Northern NSW. Call us for all your quantity surveying needs now!