DK Property Professionals (DKPP) is ATO registered company. We are 100% owned and operated by Aussie professionals who are fully licenced as a tax agent for quantity Surveyors, and we operate under the rules of ATO (Australian Taxation Office). Our duty is to provide maximum tax benefits to clients on their investment property. We have qualified and experienced ATO licenced quantity surveyors who prepares tax depreciation schedule report under the ATO rules.
ATO gives certain rules for the calculation of your property deductions and property depreciation.
Examples –
i) Nobody is allowed to claim for tax deduction on alterations that have not finished, even the cost of alteration has sustained.
ii) If anyone of you has done a work by yourself as a builder you are not allowed to claim for your labour cost and any profit margin.
iii) You are eligible to claim for a property only when the property was rented or available to rent for the period of the year.
