Capital works deduction and depreciation – how will it affect you?

With legislative changes well sunken into the property market, it is important to visit the pattern as an investor moving into future years. Legislative changes imposed on the 9th of May 2017, no longer allows property investors to claim what is known as Division 40 depreciable assets on previously used assets for RESIDENTIAL properties.

By |2018-09-27T09:43:48+11:00September 26th, 2018|Advice|

Tax Depreciation Legislation Changes – Recap on the year that’s past

A recap of the year that's past with changes to Plant and Equipment Depreciation As we approach the end of financial year for 2018, Duo Tax Quantity Surveyors look back to see the impact and reach of legislation. In summary, most investors we come across have no idea about the changes. The change can

By |2018-05-10T17:28:24+11:00May 10th, 2018|Advice|

What is a quantity surveyor?

Do I need to engage a Quantity Surveyor, why not an Accountant? After all, it is depreciation that is being assessed for on my rental property. A quantity surveyor is a tertiary qualified professional that is degree qualified in the Science of Construction. They are Building Economists in that our specialty is independently identifying

By |2018-04-17T15:55:38+11:00April 17th, 2018|Advice|