Is your existing Depreciation Schedule just a Placebo ?
There have been a few movements in the area of depreciation over the 2010/11 financial year overall, though there are not that many changes over the past 12 months that you should be concerned about… or is there?
Below is an example of a depreciation schedule, a client asked Napier & Blakeley to provide a health check on, with regard to the dollar value of their depreciation claims.
This property relates to a strata property purchased in a capital city CBD area, the building was a number of years old.
The numbers below are the actual figures.
Continue reading
Just shows you how that collective opening of a cold beer and taking your eye off the ball can affect the outcome of the race.
This year we raced on a yacht called Pilgrim from East Coast Sailing and their skipper Paul and crew Christian were a fantastic combination on the day and got us so close on the day. Most of the other yachts will remember Paul barking (polite) instructions and suggestions to them as we were jostling for position. Continue reading →