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BDSA Quantity Surveyors

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25.01.2022 Getting closer to the end of financial year, what can you claim? We picked this video from ATO to give you more clear understand what constitutes repairs and what may be considered construction expenditure ie claimed at 2.5% over 40 years.

23.01.2022 Holiday season and AirBnB. https://www.ato.gov.au//income-and-deductions-for-renting/

23.01.2022 NSW Office of Fair Trading will give tenants greater control of their homes while putting stricter limits on landlords.

22.01.2022 Rental Reform Queensland 2020.

21.01.2022 Limit plant and equipment depreciation deductions. New rule apply from 1st July 2017. If you purchased investment property (residential) that is not new and your contract was signed after 9th May 2017, you may be disallowed in claiming fixtures and fittings. This will apply to owner occupied property if the property is rented after 1st of July 2017.

21.01.2022 We hope the New Year 2020 will be happy and safe for everyone. We hope farmers receive needed rain and bushfire survivors can re-build.

18.01.2022 BDSA Quantity Surveyors back on facebook. Our new website was launched in September full of information. Thanks to 7PR we are mobile friendly! Awaiting our new blog.

18.01.2022 When claiming rental interest deductions, make sure you only claim the interest expense on the portion of the loan that relates to the rental property not on any amount used for private purposes.

18.01.2022 $30,000 instant asset write off, what it means. Depreciation can be complex, to claim maximum you need to speak to experience accountant and quantity surveyor.

18.01.2022 BDSA Quantity Surveyors providing quantity surveying services to developers, property investors, body corporate, councils.. Tax depreciation schedule by qualified quantity surveyors Brisbane, Melbourne, Sydney, Cairns, Townsville, Newcastle, Perth. We are registered tax agent for property depreciation reports.

17.01.2022 MyGov crashed?? The issue with lodging your return so early is the incomplete data for prefilling plus a chain reaction that has just shut down tax agent portal and tax agent lodgment. "The ATO is experiencing a number of system issues that are affecting some services. Online services for agents, the portals, AUSkey and Access Manager are not available. The practitioner lodgment service and SBR1 are partially affected and you may experience occasional slowness or lack of availability".

17.01.2022 BDSA Quantity Surveyors, thinking about insurance valuation for heritage property why not contact BDSA for a quote.

16.01.2022 Construction Cost - this article is a good starting point for anyone interested in renovating/rebuilding. Asking QS for a budget estimate before approaching builders for quotes may save you significant $$$.

15.01.2022 Below some of our artical: The Quantity Surveyor estimates and monitors the cost of construction. Quantity Surveyors manage all costs relating to building projects Quantity Surveyors are employed to monitor the cost of the project minimising the expenditure and at the same time achieving the required standards and qualities. The Quantity Surveyor is a professional person responsible for ensuring that the budget developed during the design stage of construction works is the s...ame as the final amount spent on a project. In order to achieve this Quantity Surveyor performs a number of functions during the design to completion stage. The Quantity Surveyor services ranges from feasibility studies at the inception stage, bills of quantities during the design/development stage, pre-tender estimates and tender analysis when selecting builders, contract administration and cost control during construction, preparation of final accounts at completion, implementation of facilities management and tax depreciation during operation. Quantity Surveyors are also called upon for expert witness and dispute resolution. Quantity Surveyors may be employed as project managers for short term consignments to resolve project specific issues as they arise. Many Quantity Surveyors operate specifically as project managers on large scale construction works. The Quantity Surveyor is the most qualified person to assist in any matter relating to construction cost. Famous Quotes William Shakespeare's definition of QS" "When we mean to build, we first survey the plot, then draw the model, and when we see the figures of the house, then must we rate the cost of the erection. Which if we find outweighs ability, what do we then, but draw anew the model in fewer offices, or at least desist to build at all."

14.01.2022 https://www.budget.gov.au/2019-20/content/overview.htm

13.01.2022 https://www.afr.com//builders-hold-their-nerve-amid-housin

09.01.2022 Budget 201819 has been released. Access the Budget papers at www.budget.gov.au The measures announced as part of Budget 201819 are subject to receiving royal ...assent and are therefore not yet law. While we sometimes provide input on tax and superannuation policies, the Australian Government is responsible for the legislation which we then administer on their behalf. Learn more at ato.gov.au/newlegislation See more

09.01.2022 Maximise tax deductions, property investment.

09.01.2022 ATO released a new Rental Properties Guide 2019.

09.01.2022 Construction News.

09.01.2022 If you have an investment property, and no depreciation schedule, contact BDSA. We can backdate your property to the time it was first available for rent. https://bdsaqs.com.au/TaxDepreciation

09.01.2022 The Australian Taxation Office (ATO) is ramping up its enforcement activities and will undertake 4,500 audits of taxpayers it considers are "high risk"

06.01.2022 We experienced some changes to rental property deduction such as removal of Division 40 for rental property owners that purchase older property after 9th May 2017, and no Division 40 deduction for property owners who rented the family home after 1st July 2017. Since 2017 the property market (in capital cities) shown a significant drop. How will the removal of negative gearing affect property investment?

03.01.2022 BDSA Quantity Surveyors Council Cost Estimate. If you looking for a quantity surveyor to prepare Council Development Contribution, we offer a fast and comprehensive estimate. https://bdsaqs.com.au/s94a_Council_Construction_Report or check out new Section 94 website https://s94.com.au.

03.01.2022 ATO Tax tips for your investment property journey. https://www.ato.gov.au//Tax-smart%20tips%20for%20investmen

01.01.2022 Construction boom or bust??

01.01.2022 We have dedicated a new webpage on property tax http://bdsaqs.com.au/ATO_Property_Tax lots of research to make you more informed. 2017-2018 Federal Budget changes that will impact property investors, removal of Division 40 for older property and removal of travel expenses for rental investors. Once passed by Senate on 8th of November this bill will be law and will apply from 1/7/2017. ATO link for more information https://www.ato.gov.au//Limit-plant-and-equipment-depreci/