A Quantity Surveyor, also known as a construction economist or cost manager, is one of a team of advisers to the construction industry. As advisers they estimate and monitor construction costs, from the feasibility stage of a project through to the completion of the construction period. – Australian Institute of Quantity Surveyors.
Essentially Quantity Surveyors calculate the amount of materials needed for a building project, and how much they will cost.
Not all quantity surveyors are depreciation specialists, and only a specialist will know how to maximise your deductions.
To sell depreciation schedules, a quantity surveyor must also be a registered tax agent with the Tax Practitioners Board.
We are quantity surveyors, investment property depreciation specialists and registered tax agents.
Quantity surveyors who are depreciation specialists assess, calculate and report the tax deductions a property investor can claim annually for the depreciation of their investment property.
A depreciation schedule prepared by a quantity surveyor is key to ensuring you maximise the tax deductions available for your building works write off, as well as depreciation of all assets included in the property.
It is important to note that accountants are not recognised by the ATO as qualified to estimate construction costs or value assets for the purpose of claiming depreciation.
Your quantity surveyor must be a registered tax agent with the Tax Practitioners Board (TPB). The TPB is the national body responsible for the registration and regulation of tax agents ensuring compliance with the Tax Agents Services Act 2009 (TASA).
Your quantity surveyor should be a member of Australian Institute of Quantity Surveyors (AIQS) – An industry membership with the (AIQS) assists quantity surveyors to maintain compliance with industry regulations and Australian Standards.
Capital Claims Tax Depreciation are both registered with the Tax Practitioners Board and are affiliate members of the Australian Institute of Quantity Surveyors.
Not all quantity surveyors specialise in depreciation. Specialist quantity surveyors not only know how to cost construction and assets, but also know how to apply the relevant ATO legislation to enable maximum deductions and ensure the depreciation schedule is ATO compliant. This is why it is important that your quantity surveyor is also a registered tax agent.
Arranging a depreciation schedule should be a simple and convenient process for everyone involved.
A budget or DIY process will take hours and won’t go close to ensuring maximum deductions and cash returns.
We pride ourselves on our customer service, and keeping the process as easy and efficient as possible, with minimal disruption to our clients and their tenants. Check out our testimonials and reviews online.
We are pleased to provide expert quantity surveying services Australia-wide.
If you’re investment property is in Sydney, Brisbane, Canberra, Melbourne, Adelaide, Perth, Darwin, Hobart, Gold Coast, Newcastle, Orange, Tamworth or surrounding regional areas, our team is ready to assist you with a professional depreciation schedule today.
Find out with a free, personalised estimate from our team
“I have worked with Capital Claims over the last few years and have at all times found them to be the ultimate professionals. The quality of the reports produced and the speed of service is second to none. I continue to work with his organisation because they offer excellent value for money and exceptional customer service. I would highly recommend anyone considering the preparation of a depreciation report to get in touch with Capital Claims. Salena Kulkarni”
“Capital Claims in Canberra made obtaining a tax depreciation schedule effortless. I did not need to organise anything, and the report was excellent value. I wish I had known earlier what they could do for my investment property!”
“Very professional and turnaround time to get the reports have been fantastic - would recommend them to all our clients.”
“Very friendly, personal service & efficient provision of reports. Definitely 5 stars.”
“I have used Capital Claims Tax Depreciation for 2 of my properties. One located in Queanbeyan and the other down the coast. CCTP were able to accommodate both locations. Sean and the team were particularly helpful with our elderly resident at our coastal property showing plenty of patience. The reports were professional,thorough and easy to follow and well worth the cost. If you have an investment property - you need CCTD to keep you up to date.”
“As an Accountant I found Capital Claims professional, priced well and very efficient. There reports are first class. My client was also happy with the service and report. Michael O'Hehir RSM”
“White Rhino Property is extremely happy with the continued service that Capital Claims provides us and our clients. We never hesitate to recommend them, as we find Capital Claims to be professional, knowledgeable and efficient. Chelsea van Zyl”
“Here at Sidcor; we have had the pleasure of developing a great working relationship with Mark and the team at Capital Claims, they believe in providing a premium service that benefits both ourselves and our clients. Their knowledge and applied experience has assisted many of our clients improve their after tax position. Whilst we have found the Capital Claims team to have a detailed approach to preparing depreciation reports; we have also found their ability to look at the whole picture allows us to assist our clients with their property portfolios and wealth creation. We have always found their strong focus on delivering upon their promises a valuable asset that aligns seamlessly with our own philosophy of delivering impeccable customer service. As a partner in business, Capital Claims adds an extra dimension to our professional services and as such we can confidently recommend their services to professionals and property investors alike.”
“Mark and the team have outstanding customer service standards and are very responsive on all matters. Importantly, the Capital Claims team have been able to deliver great results for our clients, which makes us look good. We have had numerous occasions where the expertise from Mark and the team has delivered thousands of dollars worth of tax refunds on properties for clients whom had previously been advised there was no point in having a schedule prepared.”