Welcome to our new look Quarterly News, Winter 2017. This issue we've included a couple of updates on the changes proposed by the goverment in relation to limiting plant and equipment depreciation, as well as the treatment of renovations by previous owners - check out the articles below. We have also included some important information for hotel owners and their advisers to consider when purchasing their pubs. As specialist depreciation providers for the hotel industry we wanted to share some observations and tips that we have seen reap substantial cash flow benefits for our clients. If there is anything you feel we can assist with, please don't hesitate to get in touch today!
Happy reading, Mark Wilkins and the team!
Find out exactly who is affected, and what information has been released to date in terms of draft legislation and information from the ATO.
Purchasing a pub or hotel is a big deal. Check out what you can be doing differently right from the beginning to boost cash flow early.
Can your clients claim depreciation on renovations completed by previous owners? Find out who can, who can't, and how to make the most of these deductions where possible.
Mark is an expert quantity surveyor, business owner, public speaker and property developer. With 20+ years experience in the construction and quantity surveying industry Mark’s specialist expertise have been sought in consultant capacity by professional bodies such as the National Institute of Accountants and the National Tax and Accountants Association, and he has presented at various property and tax seminars and expos nationwide. Mark holds a Bachelor of Construction Management from the University of Newcastle, is an affiliate member of the Australian Institute of Quantity Surveyors and a Registered Tax Agent.View all posts by Mark Wilkins