Tax Depreciation Schedules

Maximise your cash return with a Summit Tax Depreciation Schedule

  • AIQS Registered Quantity Surveyors
  • ATO Compliant Schedules
  • Accountant Approved
  • Servicing Australia-wide
  • 1 – 3 Business Day Turnaround
  • Maximum Deductions
  • 40 Years of Depreciation
  • Our fees are fully 100% tax deductable
  • Backed by 25+ years experience
Depreciation Order FormFree Quote

Why Do I need a tax depreciation schedule?

If you own a residential and/or commercial investment property and you do not have a Tax Depreciation Report then you may be thousands of dollars out of pocket each & every year. A quick call to the friendly team at Summit Quantity Surveyors may unlock these hidden tax savings and vastly improve your investment property's cashflow position. We will guide you through the steps involved, how long it will take and most importantly how much it will cost.

Summit Quantity Surveyors is a specialist firm of Quantity Surveyors that offers Quantity Surveying and Tax Depreciation services to the Australian property industry. With 25 years of hands on experience in the preparation of Tax Depreciation and Capital Allowance schedules, you can be sure you are in safe hands. Summit’s specialist area of expertise is the provision of quality Tax Depreciation and Capital Allowance schedules. It has earned an enviable reputation as one of the industry leaders in this field, with numerous local and interstate industry professionals recommending its services.

The Summit team is so confident that they will maximise your depreciation deductions, that if we do not identify at least twice our fee in the first full year’s depreciation, the report is ABSOLUTELY FREE, guaranteed. If you are looking to maximise your tax return on your residential, commercial or industrial investment property, talk to the experts, Summit Quantity Surveyors.

If you are looking to maximise your tax return on your residential, commercial or industrial investment property, talk to the experts, Summit Quantity Surveyors. Don’t flush thousands of dollars down the drain. Call us now for a free quote.

Your journey to maximise your cash return

Does My property Qualify?

First & foremost, we need to establish if your investment property qualifies for tax depreciation. We do this by researching when the property was first built and how long you have owned it. This process is absolutely free and ensures that we do not charge you a fee if the financial benefits of obtaining a report do not warrant it.

Complete Order Form

Once we have established that your property is eligible for depreciation, all you need to do is complete and return a single page information request form. This form captures all the relevant information we require to be able to complete your tax depreciation report.

Maximise depreciation

With 25 years experience in Tax Depreciation and Quantity Surveying, we guarantee to maximise all the tax depreciation benefits that are available to you. Our site inspections are carefully completed to ensure that all the available tax depreciation deductions are correctly identified, logged and accurately claimed.

Claim Maximum Deductions

Once your report is complete we email you a copy to keep on file. We also email a copy to your Accountant so they have your report on file when preparing your annual tax return. We also offer a free lifetime update service whereby if you complete any minor renovations to your property we guarantee to update your report for free.

Our Guarantee to You:

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We exercise all our expertise to ensure we maximise your tax Depreciation Report.
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We will claim every last item that you are legally entitled to claim.
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Provide a free lifetime update service for every single report we prepare.
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Liase with your Accountant at no charge if they have any queries.
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MAXIMISE your report to ensure the full benefits are unlocked for your investment property.
Save $1000’s of dollars off your taxable income every year with Summit’s legitimate non-cash tax deduction report

 
Pricing

Minimise the out of pocket expenses of your investment property and reduce the amount of tax you pay. It’s that simple.

Call Today For A Free Quote

1300 786 367

Depreciation Order FormFree Quote

Our tax deductible fees

Low-rise residential

$ 330-550

Includes all single & double storey dwellings, duplexes & townhouses
 
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High-rise residential

$ 440-660

Includes all multi-residential properties such as three-storey walkups, mid-rise and high-rise developments
 
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Renovation Scrapping

$ 330-440

Includes all low-rise residential properties that qualify for scrapping
 
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FAQ

How long does a depreciation schedule last?

All our Tax Depreciation & Capital Works Alowance Reports last for 40 years or the depreciable lifetime of the property. They do not require updating on an annual basis.

Are depreciation schedules tax deductible?

Yes, our fees are fully tax deductable and the cost of the report is fully deductible in the finincial year of expenditure

Who can prepare a tax depreciation schedule?

To be able to claim a tax depreciation deduction a property investor must engage a “suitably qualified professional such as a Quantity Surveyor.” It is important to note that the Australian Taxation Office (ATO) recognises that Quantity Surveyors as suitably qualified professionals.

Is a depreciation schedule worth it?

Yes! Its worth it. In 25 years of preparing Tax Depreciation Reports we have only encountered a few instances where we have advised the client it not worth getting a report completed. If we don't think it's worth getting a report prepared, we will tell you upfront so not to waste your time and hard earned money.

How do I claim depreciation?

Simply engage a suitably qualified professional like Summit Quantity Surveyors and we will guide you through the entire process. With 25 years of experience, you are in safe hands.

Can my accountant produce a tax depreciation schedule?

No. Accountants, solicitors, real estate agents and property valuers ARE NOT recognised by the ATO as being suitably qualified to prepare Tax Depreciation Reports.

Google Reviews – See what people are saying about Summit QS

Gerrie Swift

 

I could not be happier with the service provided by Anthony and would give 6 stars if possible. Desktop Tax Depreciation Schedules make sense with new builds, very reasonable price and no need to schedule onsite visits.
I will be recommending Summit to my current and previous developers to share with their clients.

Michelle Smith

 

I used Summit Quantity Surveyors to prepare my depreciation schedule and was really happy with the service. Would recommend to others.

Liz Murphy

 

Anthony from Summit Quantitve Surveyors looked after us with two of our investment properties and we were extremely pleased with the service we received. Anthony personally completed our reports and they were both completed within a few days of being ordered. Would definitely recommend Summit Quantity Surveyors.

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ABOUT SUMMIT

For over 25 years, Summit has earned an enviable reputation as one of the industry leaders in the field of Tax Depreciation and Capital Allowance schedules. Read about us here!

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OUR SERVICES

  • Tax Depreciation Schedules
  • Construction Finance Reports
  • Valuations of Work in Progress Reports
  • Body Corporate Sinking Fund Reports
  • Replacement Cost Valuations
  • Builder’s Quantities
  • Cost Planning and Estimating Services

CONTACT US

Summit Quantity Surveyors Queensland-Wide Phone 1300 786 367 | info@summitqs.com.au

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