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
Property Reinstatement Cost Assessments – Are your property assets correctly insured ?
Construction costs are subject to constant change, so if you are insured are you confident that you are not either under or over insured in a changing cost market?
Quantity Surveyors are the only construction cost trained professionals that can make sure your assets have the appropriate insurance replacement cost cover.
A Quantity Surveyors purpose is to predict and manage construction costs. They are specifically trained to do so and they don’t value, they don’t build, they don’t design, they don’t buy and sell property. They are independent and professional consultants.
So here’s a quick list of Property Reinstatement Cost Assessments do’s and don’ts : Continue reading
