Herron Todd White Unveils Comprehensive Tax Depreciation Schedules for Property Investors

SYDNEY, Australia - Herron Todd White (HTW), Australia's premier independent property valuation and advisory group, has expanded its suite of services with the introduction of comprehensive Tax Depreciation Schedules (TDS). This new service aims to enhance Return on Investment (ROI) for property investors by optimizing deductions available under the Australian Taxation Office's (ATO) depreciation allowances.

The TDS service from HTW covers residential, commercial, and rural properties. The company's team of professional Quantity Surveyors will conduct thorough inspections, covering all property types and providing accurate, ATO-accepted reports that summarize depreciation allowances for future years.

"HTW is committed to providing property investors with tools and services that optimize their investment," said a spokesperson for HTW. "Our new Tax Depreciation Schedules service helps investors understand and claim the maximum allowable deductions for their properties, boosting their ROI and aiding in mortgage repayment."

The TDS service includes Capital Works and Plant and Equipment components, with detailed site inspections to identify all depreciable items. The Quantity Surveyors will prepare a comprehensive schedule for these components, ensuring maximum depreciation allowances for future years are included in the report for tax return preparation.

HTW's service also includes depreciation allowances for common areas, apportioned by unit entitlement. Full inspections of strata complex common areas are conducted, and individual unit inspections are carried out. Notably, the fees for tax depreciation schedules are fully tax-deductible.

All properties, regardless of age, can claim some form of depreciation. This includes renovations carried out after 27th February 1992, and depreciation claims can be backdated up to four years. Claiming depreciation not only offsets taxable income, reducing taxes but also increases cash flow, aiding in mortgage repayment.

In addition to the TDS services, HTW also offers a range of property investment services, including market valuation for Capital Gains Tax (CGT) calculations, Replacement Cost Estimates for insurance purposes, and Sinking Fund Forecasts for risk mitigation and financial planning.

For more information on HTW's Tax Depreciation Schedules and additional property investment services, visit https://htw.com.au/tax-depreciation-schedules/.

Herron Todd White
Media Relations
Chermside, Queensland, 4032
Phone: 1300 880 489
Email: nationaloffice@htw.com.au
Website: https://htw.com.au/

Herron Todd White is Australia's leading independent property valuation and advisory group. With a nationwide network of offices, HTW provides a comprehensive range of services for every kind of property and for every purpose. Our commitment is to work with our clients to deliver services that meet their specific needs, backed by the highest levels of professionalism and expertise.

This release was published on openPR.