A complete service
In the process of selecting a Quantity Surveyor to complete a Tax Depreciation Report for your investment property? Consider the following: Do you know the full history of your property, including any building work prior to your ownership? Do you require a scrapping schedule? What method of depreciation is most suitable for your financial scenario? How long do you plan to keep the property? Do you know all of your building and asset costs? Do you know exactly what costs you can include as the builder? Not sure? It doesn't matter. Capital Claims makes the process simple, by ensuring we offer a complete report, to ensure the maximum return for every investor.
Selecting a Quantity Surveyor to provide a Tax Depreciation Report is not as simple as it may initially seem. The truth is, different firms deliver different services, products and results, dependent upon their level of expertise, their experience, and their ability to develop the resources and tools to handle the more complex interpretations of the relevant legislation.
The Capital Claims complete service includes the following for our standard, all-inclusive fee:
- Free initial feasibility - to ensure that the value of the report stacks up in your favour;
- Coordination of site inspection - providing greatest convenience for our clients and their tenants;
- A full inspection by a qualified inspector - to ensure every depreciable asset is identified;
- A detailed list of plant and equipment assets - to ensure accuracy, transparency and compliance;
- Calculated schedule and graph representation for diminishing value method - most suitable method for some investors;
- Calculated schedules and graph representation for prime cost method - most suitable method for other investors;
- Schedules for low cost and low value pooling - to ensure the most effective rate of depreciation is applied each year;
- Nominated effective lives for every each plant and equipment asset , including apportionment of preliminaries and consultants fees - to establish the greatest depreciable value and greater deductions for the investor;
- Nominated depreciation rate applicable for each plant and equipment asset - to ensure the most effective rate of depreciation is applied;
- A table of division 43 building works , including any renovations by the investor, or work completed by a previous owner - to ensure deductions are fully maximised;
- 40 year projection covering the life of the building - so you will never need another report for the same building;
- Liaison with your accountant if required - to ensure the most effective application of the report;
- Completion of the report before invoicing - to ensure we are delivering value to our clients;
- Option for deferred payment through your accountant.
Only 10% of providers in the industry offer a service as complete as ours, and we are the only provider offering this complete service for less than $700 (excl GST) .
If you find a competitor offering better value for money, be sure to let us know!
