Capital Allowance & Tax Depreciation Schedules

Quantity Surveyors are the professionals recognised by the Australian Taxation Office as suitably qualified to undertake an assessment of building costs to be used in depreciation. Quanto use our extensive and varied knowledge of construction cost estimating and ATO rulings to ensure that our clients are receiving the best possible advice on property depreciation.

    • Property Depreciation - If you are not currently claiming depreciation on your investment or commercial property, you are probably missing out on thousands of dollars worth of deductions per financial year that you are entitled to. Just as individuals and businesses claim for depreciation or wear and tear on their motor vehicles and office equipment, this can also be applied to depreciation of your investment property against the taxable income.  Quanto cater for all property investors, from the mum and dad investor to the commercial property owner.
    • Older properties - Contrary to popular belief, older properties DO attract depreciation that is able to be claimed as a tax credit. Contact us to find out about our guarantee for deductions on older properties;
    • Our Report - Quanto specialise in providing the complete tax depreciation benefits you should be receiving. We offer a fully ATO-compliant, easy to read report which includes a comprehensive categorical summary, comparable tables and graphs of both methods of depreciation (Diminishing Value & Prime Cost) over the life of the property. Our fee for this complete report is 100% tax deductible;
    • Inspections - We conduct a full property inspection for each of our reports (as required by the ATO) which includes a record of the dimensions of the building for accurate construction cost estimation, a photographic record for ATO substantiation and the identification of all depreciating assets and common property. All of our inspections are carried out by a qualified quantity surveyor;
    • Our Service – Quanto’s emphasis is on our quality of service to our clients. Our service does not end with the delivery of your report. We make ourselves available at any time after the completion of the report to liaise with our clients or their financial advisors to provide any further support or advice.