Lennox Head Tax Depreciation Schedule and Quantity Surveying

Lennox Head Tax Depreciation Schedule and Quantity Surveying – eighty8valuers are located in the Northern Rivers, NSW. In addition to our property valuation arm, we have an in-house Quantity Surveying division which provides Tax Depreciation Schedules for tax accounting in the Northern Rivers, Northern Territory and Northern Western Australia.

Our Tax Depreciation Schedules span the 40 year life cycle of the capital and structural improvements of the property as nominated by the Australian Taxation Office. The first 20 years are presented in a summary table at the front of the report. Traditionally, all plant and equipment is fully depreciated within the first 20 years.

Reports are completed by Matt Benson who draws on more than 20 years of building experience and historical construction data. Matt has completed construction projects in the ACT, NSW, QLD and the NT. In addition to being a licenced Builder, Matt is also an Australian Taxation Office approved Quantity Surveyor. 

The key points regarding the Tax Depreciation Schedule reports are:

  • Matt inspects the property and completes the report himself
  • Our lump sum quote includes a physical inspection of the property
  • Residential reports are completed as per the ATO defined Uniform Capital Allowances System or as per the Simplified Depreciation rules for business
  • The reports provide analysis using both Diminishing Value and Prime Cost methods
  • Reports detail both the capital allowances and structural improvements available
  • We measure and make allowance for your share of all common areas in the complex (if applicable)
  • If jointly owned, we nominate the owners share(s) in the schedule
  • We consider the increased depreciation advantages of joint ownership
  • When appropriate, we contact your Property Manager and organise the inspection directly

Reports are completed on residential, holiday properties, commercial and industrial property. We also provide schedules for motels, caravan parks, medical centres and childcare centres.

Please take advantage of our Tax Depreciation Schedule Request Form:

  • Property Details

Or please call to discuss in greater detail with Matt on 0407 843 350.

eighty8valuers is registered with the Australian Tax Practitioners Board to charge a fee for Tax Depreciation Schedules registration number: 28191007

Matthew Paul Benson is an approved quantity surveyor with the Australian Tax Practitioners Board registration number: 26334004

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