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Maximise tax deductions with a comprehensive property tax depreciation schedule

A comprehensive property tax depreciation schedule will outline the tax deductions available to you based on the decline in value of a building and its plant and equipment assets over time. This will ensure you are claiming the appropriate tax deductions and maximising the cash return on your investments.

With our expert knowledge to estimate construction costs for depreciation purposes, our team of quantity surveyors:

  • provide detailed and compliant reports for the Australian Taxation Office

  • conduct current and timely assessments, simplifying the process for you

  • have expertise across all asset types

  • are located nationwide and have local market expertise

Get the full picture of tax deductions upfront

Understand future tax depreciation opportunities before acquiring a new or existing building with an indicative tax depreciation schedule.

Demonstrate depreciation deductions available to potential buyers

Depreciation deductions can increase an investor’s cash flow – making your project more affordable to them. Including a tax depreciation schedule in your sales process could help to sell your project faster.

Maximise tax deductions and increase your cash flow

Tax depreciation schedules last for the life of an investment property and can be used each financial year when preparing a tax return.

Demonstrate depreciation deductions available to potential buyers

Depreciation deductions can increase an investor’s cash flow – making your project more affordable to them. Including a tax depreciation schedule in your sales process could help to sell your project faster.

Quantity Surveyors – Qualified practitioners for the preparation of property tax depreciation schedules

Quantity Surveyors are recognised by the Australian Taxation Office (ATO) as qualified practitioners for the preparation of property tax related depreciation schedules.

As one of the largest QA certified Quantity Surveying practices in Australia, we provide thousands of tax depreciation schedules for residential, commercial and industrial projects every year. We are accredited with the Tax Practitioners Board (TPB) as qualified Tax Agents and members of the Australian Institute of Quantity Surveyors (AIQS) ensuring the highest possible standards of professional excellence.

Frequently asked questions

Below are the answers to the most common questions we get asked on property tax depreciation.

What is a tax depreciation schedule?

A tax depreciation schedule outlines the available property depreciation deductions you can claim on an investment property. This includes capital works deductions and depreciable assets, such as plant and equipment items.

How much depreciation can I expect to claim?

This varies depending on the building type, its age and fit-out. In order to claim the maximum deductions it’s best to consult a specialist in the field of construction costs and tax depreciation legislation – such as a Quantity Surveyor.

When can I start claiming depreciation on my investment property?

Property investors can arrange a tax depreciation schedule at any time of the year. Our tax depreciation schedules last the lifetime of a property.

Will I need to arrange a site inspection of my property?

Yes, typically we arrange a site inspection but not always. Our team of specialists can advise you based on your particular circumstances.

Are your tax depreciation reports ATO compliant?

Yes, all of our reports are ATO compliant and in accordance with current legislation, rulings and guidelines.

Why use a Quantity Surveyor?

Quantity Surveyors are recognised by the Australian Taxation Office as qualified practitioners for the preparation of property tax related depreciation schedules. As one of the largest QA certified Quantity Surveying practices in Australia, we provide thousands of tax depreciation schedules for residential, commercial and industrial projects every year. We are accredited with the Tax Practitioners Board as qualified Tax Agents and are members of the Australian Institute of Quantity Surveyors, ensuring the highest possible standards of professional excellence.

Contact a qualified expert

Our multi-disciplinary team of professionals brings a wealth of industry experience and unparalleled data-driven insights, providing the clarity you need to make informed decisions.

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