With state and federal governments continually putting their hand out for your cash, it seems like every month there is a BAS to pay, a payroll tax obligation to meet, or company tax payable. And with a market seeming to demand constant[...]
One of the great services we are pleased to offer your clients and the broader investment community is the ability to have a free estimate of deductions calculated up-front. This ensures that clients or advisers who feel uncertain of the[...]
What is the fee for an established residential house?
Established residential properties are those that are not brand new when they are purchased ie. the property has been purchased second-hand.
A Tax Depreciation Schedule (also known as a Capital Allowance and Tax Depreciation Schedule or Quantity Surveyors Report, or Rental Property Depreciation Report) is a document, typically prepared by a professional Quantity Surveyor, that clearly[...]
We were anticipating a show of commitment to address housing affordability in Tuesday night's budget, however it would be fair to say we were taken by surprise at the stated intention to specifically "limit plant and equipment depreciation[...]
Every year, thousands of properties are affected by events such as natural disasters and other unforeseen circumstances. In these situations, property investors often find themselves in the stressful situation of having to replace many assets and[...]
If you’ve replaced or added assets to your investment property, it’s important to upgrade your tax depreciation schedule so you can claim on the new items from the time you install them.
If you moved out of your home this year and continue to hold it as a rental, it’s no longer your Principal Place of Residence (PPOR) and you are eligible to start claiming all the deductions an investment property entitles you to.