If you have a residential or commercial property and you have haven’t done a Tax Depreciation schedule for, then you could be missing out on thousands of dollars of legitimate property tax deductions.

We are based in Brisbane and our standard areas include as far north as Noosa Heads on the Sunshine coast, as far south as Tweed Heads on the Gold Coast and all the way out west to Toowoomba.

Our area of expertise is in the Brisbane, Gold Coast and Sunshine Coast areas where we have the local knowledge and skills, our local qualified Quantity Surveyors will provide you with the best possible tax depreciation inspections and schedules that will maximise your end of financial year returns.

At Budget Tax Depreciation our qualified inspectors will inspect your property, measure, record, take photos of all the depreciable items and then produce an ATO tax compliant schedule for your accountant.

What we allow for in our tax depreciation schedules:

• An easy to read 6 Page report that clearly shows how we came to our conclusion, dont be fooled by other companies claiming to have 20 pages, all the information needed by an accountant is normally covered in just 2 pages.
• Automatic write off for all depreciable items under $300.00
• Low Value pooling of all items under $1000.00
• A detailed 10 year analysis of all the depreciable items
• A 20 year summary page presented in both the diminishing value and prime cost (straight line) method. You choose the best outcome for yourself.
• Money back guarantee, if we dont find enough depreciable costs to cover your initial fee then we will refund your money

Testimonial

Erika from Kelvin Grove
We purchased our rental property, a Queenslander, 3 years ago and never organised a Tax Depreciation Schedule because our Accountant said it wasn’t worthwhile. He just thought that because the house was old, there would be no depreciation left to claim. After talking with Budget Tax Depreciation we decided to go ahead and get one done anyway. We were pleasantly surprised; our house which was over 80 years old still had $20,000 of depreciable costs to claim back. What our accountant didn’t realise was that the previous owners had done some major renovations prior to us purchasing the house, the Quantity Surveyor who did the inspection noted this down and allocated the capital improvements to us. We highly recommend the services of Budget Tax Depreciation and will use them again.