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The Australian Taxation Office recently reported that approximately 80% of investors are not claiming depreciation on their investment properties.

Our guess as to why that happens is because, when it comes to finances, it can all get a bit confusing?

But we are here to help you, so we want to offer you a solution…


Right about now, you are probably wondering what that is?

Let us fill in the blanks:

A tax depreciation schedule is a report on all items in an investment property that are decreasing in value.

There are substantial taxation benefits available to owners of both new and older income producing properties, but how much depreciation you can claim depends upon the:

  • type and size of the property
  • fixtures and fittings
  • plants and equipment
  • ground improvements.

A tax depreciation schedule can be undertaken any time after the date of the property settlement/handover of the property and before the lodgement of your next year’s tax return.

Here at The A Firm we can offer you a professional, quality Tax and Depreciation Schedule at a discounted price through our partners Caseco Quantity Surveyors!

Caseco Quantity Surveyors are a registered tax agent that provides a cost efficient service, applying the latest Australian Taxation Office rulings and interpretations.

They undertake full internal and external inspections to maximise your claim, and their quantity surveyors have over 20 years’ experience and are individual members of the AIQS.

Once you have your tax depreciation schedule, you can bring it to us and we will help you to decide on which depreciation method to use (either Prime Cost or Diminishing Value).

The tax depreciation schedule remains valid for a 10 year period, so really there is nothing further for you to do!

If in the future, you make changes to your investment property, including: refurbishment works, structural improvements and adding or removing any items of plant and equipment, then we recommend that you contact us to amend your schedule accordingly.

Our professional fees are 100% tax deductible and Caseco Quantity Surveyors guarantee that if your depreciation allowance, in the first full year of the schedule, is less than our fee, then the tax depreciation schedule is yours free of charge.

Our discounted fee structure is as follows:

  • House and land packages – Fee: $444 (inclusive of GST)

No onsite inspection required with all information supplied including floor plans, specifications, construction costs and handover date

  • New low-rise & townhouse unit complexes – Fee: $495 (inclusive of GST)

No onsite inspection required with all information supplied including floor plans, specifications, purchase price, settlement date, survey plan and lot entitlements

  • Standard houses – Fee $554 (inclusive of GST)

Onsite inspection undertaken

  • Units in low-rise & townhouse complexes – Fee: $660 (inclusive of GST)

Onsite inspection undertaken

For prestige residential, large townhouse/high-rise complexes and commercial/industrial properties please call us for a quote.

Should you wish to proceed with the preparation of the Tax Depreciation and Capital Allowances Schedule please phone The A Firm on 07 5596 4604 or email info@theafirm.com.


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