by Archi-QS | Jun 18, 2021 | All Posts, Quantity Surveying, Tax Depreciation
As the Treasury Laws Amendment Bill 2017 was passed on the 15th of November 2017, important changes were made to the Income Tax Assessment Act 1997. It now denies property investors from claiming income tax deductions for the decline in value of ‘previously used’...
by Archi-QS | May 25, 2021 | All Posts, Quantity Surveying, Tax Depreciation
Understanding what you can claim is the first step towards maximising your return with a Tax Depreciation Schedule. The Australian Taxation Office (ATO) has recognised that the value of capital works (Division 43) gradually reduces over time and these items can be...
by Archi-QS | May 25, 2021 | All Posts, Quantity Surveying, Tax Depreciation
We aim to provide easy-to-use application forms for all of our services. Our tax depreciation application forms are no different. Our new application forms are interactive PDFs, eliminating the need for scanners and printers, enabling you to complete the form directly...
by Archi-QS | May 24, 2021 | All Posts, Insurance Valuations, Quantity Surveying
The NSW Government has regulations in place to protect historic properties/heritage buildings with special architectural or historic interest. Where a building has been officially listed as a heritage item, legislation may prevent or limit the possibilities of...
by Archi-QS | May 24, 2021 | All Posts, Architecture
Visiting the rolling green manicured hills of the Barossa Valley, it is easy to forget we are in country South Australia. The landscape is a far cry from the overgrown wild bush that it typical of the Aussie countryside found an hour’s drive in any direction from our...
by Archi-QS | May 24, 2021 | All Posts, Architecture, Project Management, Quantity Surveying, Updates, Insights & Thoughts
On 18 December 2017, the NSW Government introduced the Building Products (Safety) Act 2017 (the BPS Act) as part of its 10-point plan for fire safety in residential, commercial and industrial buildings. The BPS Act enables enhanced powers to monitor and restrict the...