Business Details
Trusted Quantity Surveyors for Tax Depreciation in Melbourne
Abbcon Associates has been delivering expert Quantity Surveying services since 1981, combining over five decades of industry experience with a commitment to excellence. Our team of accredited professionals specialises in ATO-compliant Tax Depreciation Schedules, ensuring property investors maximise deductions while adhering to legislative requirements. We conduct thorough property inspections, leveraging detailed analysis to produce accurate, long-term financial strategies.Our philosophy centres on professionalism, transparency, and client-centric service, as evidenced by testimonials highlighting exceptional results and seamless collaboration with accountants. With registrations across key regulatory bodies, we uphold the highest standards of credibility and technical proficiency in every project.
Services
Tax Depreciation Schedules
Building Cost Estimates
Insurance Replacement Valuations
Feasibility Studies
Tenancy Make Good Reports
Contract Management
Expert Witness Reports
Highlights and features
- We have over 50 years of experience in Quantity Surveying and tax depreciation reporting.
- Our ATO-compliant schedules are valid for the full 40-year property lifecycle.
- Inspections conducted by accredited, experienced Quantity Surveyors ensure accuracy.
- Maximise deductions through detailed analysis of plant, equipment, and capital works.
- Member of AIQS College of Expert Witnesses for technical credibility and dispute resolution.
Associations and certifications
- Australian Institute of Quantity Surveyors (AIQS)
- Tax Practitioners Board
- Building Practitioners Board
What people say
Detailed reports
Exceeded expectations
Very professional service
Excellent communication
Money saving
Services
Tax Depreciation Schedules
Our Tax Depreciation Schedules identify all claimable plant, equipment, and capital works deductions for residential and commercial properties. Conducted by accredited Quantity Surveyors, these ATO-compliant reports use on-site inspections and detailed analysis to maximise annual tax benefits. Investors gain precise, 40-year projections to optimise cash flow and reduce taxable income.
Building Cost Estimates
We provide accurate building cost estimates for new developments, renovations, and insurance purposes. Our Quantity Surveyors assess materials, labour, and regulatory requirements to deliver budget-friendly, transparent projections. These estimates support informed financial planning and compliance with construction standards.
Tenancy Make Good Reports
Our Tenancy Make Good Reports assess lease obligations for commercial properties, detailing repair and reinstatement requirements. We assist landlords and tenants in negotiating settlements and managing compliance costs. These reports ensure adherence to lease terms while minimising financial liability during lease expiry or disputes.
Expert Witness Reports
Abbcon Associates prepares expert witness reports for legal proceedings involving property valuations, construction disputes, or tax compliance. Our evidence-based analysis supports mediation and court cases, leveraging industry expertise to resolve conflicts efficiently and credibly.
Insurance Replacement Valuations
We conduct insurance replacement cost valuations to ensure adequate coverage for property damage or loss. Our assessments consider current construction costs and regulatory standards, helping clients avoid underinsurance while maintaining compliance with policy requirements.
People
Erik Abbenhuys
Principal Quantity Surveyor
With over 50 years of experience, Erik Abbenhuys leads Abbcon Associates as a registered Quantity Surveyor and AIQS member. His expertise in tax depreciation and construction costing ensures clients receive accurate, compliant reports. Erik's dedication to excellence has earned industry recognition and client trust.
Questions
What is a Tax Depreciation Schedule?
A Tax Depreciation Schedule details claimable deductions for property investors based on the decline in value of buildings and assets. It reduces taxable income and improves cash flow.
How do I claim depreciation on an older property?
Properties built after 1985 can claim Division 43 capital works deductions. Older properties may still qualify for plant and equipment allowances under Division 40, regardless of age.
Can I split depreciation claims with joint owners?
Yes, splitting claims between joint owners allows higher deductions for plant and equipment under $2,000, optimising tax benefits through low-value pooling.
How long does a depreciation schedule last?
Our schedules are valid for 40 years, covering the full lifecycle of capital works deductions. Updates are recommended after major renovations or property changes.
What happens to depreciation when I sell my property?
Capital gains tax applies to land and buildings, but plant and equipment deductions trigger balancing adjustments. Our reports ensure compliance during property disposal.
How soon should I get a depreciation schedule?
Obtain a schedule immediately after property settlement to claim deductions from the first financial year, ensuring maximum tax benefits.
