Property Returns

Property Returns - Quantity Surveyors specialise in property tax depreciation schedules

Simply,  a Tax Depreciation Schedule / Quantity Surveyors Report is in actual fact two different claims,

the building which can be claimed as an allowance and

the plant, which can be claimed as a depreciation expense.

It was introduced in 1985 and therefor properties built before that period don’t qualify and an allowance cannot be claimed, although any additions or refurbishments after that date can be claimed.