Property Depreciation reporting will save you money !
Have you bought a property of late?
All property no matter how small or old will have depreciation deductions available.
Have you recently refurbished / altered or extended your property?
When a property is refurbished or altered there will be deductions available for those items including building works that are scrapped.
Have you had or about to have a lease expiry on your property? Continue reading
Stamp Duty – Which Method Will You Use? The Simple One, Or The Better One?
Napier & Blakeley strongly recommends the Better One.
The SRO in Victoria allows two methods for calculating stamp duty for Off the Plan Sales for development projects:
1. Fixed method
2. Alternative method
The government introduced the Fixed Method to simplify record keeping. In a Neat Trick however, the Fixed Method brings in more revenue to the SRO. Continue reading