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The Design and Building Practitioners Act 2020 and Class 2 Buildings

by Archi-QS | Aug 4, 2021 | All Posts, Architecture, Project Management, Quantity Surveying, Updates, Insights & Thoughts

What types of projects does the The Design and Building Practitioners Act 2020 (DBP) Act apply to? The DBP Act applies to class 2 buildings or buildings that contain a class 2 component. Under the Building Code of Australia (BCA), Class 2 is classified as a multi-unit...

Claiming Tax Deductions as a Commercial Tenant

by Archi-QS | Jul 27, 2021 | All Posts, Quantity Surveying, Tax Depreciation

Have You Heard of Low-Value Pooling?

by Archi-QS | Jul 26, 2021 | All Posts, Quantity Surveying, Tax Depreciation

Many property owners aren’t aware of the beneficial methods they can utilise to maximise their depreciation deductions for qualifying their assets of plant and equipment. One of these methods is low-value pooling, which involves depreciating your assets at an...

Introduction to Stage 3 of the Strata Building Bond and Inspections Scheme

by Archi-QS | Jul 22, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts

Stage 3 of the Strata Building Bond and Inspections Scheme involves the interim inspection carried out by the appointed building inspector and a report documenting the defects findings of the inspection. This report must be completed within 15 to 18 months of the date...

Introduction to Stage 2 of the Strata Building Bond and Inspections Scheme

by Archi-QS | Jul 22, 2021 | All Posts, Quantity Surveying, Strata Building Bond and Inspection Scheme, Updates, Insights & Thoughts

Stage 2 of the Strata Building Bond and Inspections Scheme calls for the developer to appoint a building inspector within 12 months of the issue of an Occupation Certificate (OC). The OC allows people to occupy the building and deems the project practically complete....

Adjusting Tax Returns to Capture Missed Depreciation

by Archi-QS | Jul 13, 2021 | All Posts, Quantity Surveying, Tax Depreciation

Are you an investor and have only recently become aware of a tax depreciation schedule and the deductions that are available for your investment property? Firstly, welcome to the party! Secondly, let’s tackle this right now as you might be missing out on valuable...
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