Tax time is coming! Are you paying too much tax ?
Do you own or have you bought an investment property in the past financial year?
Or… have you recently refurbished, altered or extended your investment property in the past financial year?
Or… do you own an investment property but have never claimed depreciation in the past?
Or… own any property including commercial, retail, industrial, residential, pubs, clubs, sporting – we are experts in them all.
If your answer is yes to any of these questions then you may very well be paying too much tax on your income if you don’t claim your depreciation deductions. Continue reading
NSW joins SA in Mandating 5 Star NABERS Minimum Requirement
The NSW Government launched an updated version of its Government Resource Efficiency Policy (GREP) which mandates 5 Star NABERS Energy ratings for owned or leased office buildings occupied by NSW Government, raising the requirement from 4.5 Stars. It also mandates 4.5 Star ratings for Data Centres.
The policy has immediate effect with a target to achieve full compliance by June 2020.
The GREP targets broad range of areas to drive resource efficiency in NSW Government agencies in the four main areas of energy, water, waste and air emission including:
- Reporting resource consumption and waste
- Targeted energy savings
- Mandating minimum NABERS ratings for energy and water
- Minimum standards for electrical and water using appliances and equipment
- Minimum standards for new buildings and fitouts
- Solar targets
- Minimum fuel efficiency vehicle standards
- Purchase of GreenPower
- Emissions standards for fixed plant and equipment
- Low VOC materials Continue reading
