Insights and News
Tax Depreciation: Split Ownership Reports Explained
At Archi-QS, we have adapted our schedules to suit the needs of our clients. This includes offering split reports where there are multiple owners of a particular property. The split report increases the immediate write-off and low-value pooling...
The Design and Building Practitioners Act 2020 and Class 2 Buildings
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...
Claiming Tax Deductions as a Commercial Tenant
Have You Heard of Low-Value Pooling?
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...
Introduction to Stage 3 of the Strata Building Bond and Inspections Scheme
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...
Introduction to Stage 2 of the Strata Building Bond and Inspections Scheme
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...