Reserve Bank leaves Interest Rates on Hold
At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy was a bit below trend in 2013, but there are reasonable prospects of a pick-up this year. The United States economy, while affected by adverse weather, continues its expansion […]
What is a Quantity Surveyor?
There are a number of people we speak to that ask the same question of us, ”What is a Quantity Surveyor?” the answer is really quite simple. In the following paragraphs we’ll try and answer the question for you. Quantity Surveyors complete a tertiary degree course and then undertake work […]
RBA Leaves Interest Rates On Hold.
At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Below is a copy of the banks release giving reasons as to why rates have been left on hold. Growth in the global economy was a bit below trend in 2013, but there […]
Solar Bonus Scheme Rebate for Home and Property Owners
At iScope Property Solutions we like to keep our clients informed on legislative changes and incentives offered by Governments as well as keeping you informed on what you can claim on your investment properties. In this article, we look at the Solar Bonus Scheme Rebate. We’ve sourced the article from […]
Can I depreciate an Old Property?
Any property that is used for investment purposes can be depreciated, including properties that were built prior to 1985 (when the building allowance kicked in) are still worth depreciating and obtaining a tax depreciation report to see the value of what tax benefits you can obtain. The purchase price of […]
Why do I need a depreciation report for my investment property?
One of the most frequently asked questions we are asked at iScope Property Solutions is “Why do I need a tax depreciation report for my investment property” So to answer this question, we’ve outlined in the article below some of the reasons and benefits to obtaining a report, we hope […]
What a Depreciation Report Should Include
A big mistake made by many property investors is that they overlook the number of benefits offered by tax depreciation. Just like plant and equipment the capital works in a property depreciate over time too. The Australian Taxation Office (ATO) allows property investors to claim deductions for the depreciation of a […]
4 Property Investment Tax Benefits You Could Be Missing Out On
Properties such as houses, apartments and offices are popular investments. Depending on market conditions, property can be considered a relatively low-risk investment and is less volatile than market shares. For long-term investors, investing in property is one of the best ways to increase your investment portfolio. Depending on different factors […]
Your Mini Guide To Property Tax Depreciation
Are you a little puzzled as to how tax depreciation works? If so, you’re not alone! Just bookmark this quick guide to have this information ready, on-hand, when you need it the most. What Is Tax Depreciation? For starters, you might have noticed that the term “tax depreciation” is interchangeable […]
The Duties of a Quantity Surveyor!
The duties of a quantity surveyor is to manage all costs relating to a building project across newly built premises, renovations or maintenance work in the residential, commercial and industrial sectors. The responsibilities of a quantity surveyor are to conduct fee studies on projects and work out ways on how […]