Why Koste Chartered QuantitySurveyors is the Premium Choice forTax Depreciation

When it comes to tax depreciation, not all providers offer the same level of expertise and
service. Many companies provide basic, automated depreciation schedules that lack the
depth and accuracy needed to maximise your claims. At Koste Chartered Quantity
Surveyors, we take pride in offering a premium service delivered by qualified professionals
to ensure that every possible deduction is claimed, protecting your financial interests.

What is Tax Depreciation?
Tax depreciation allows property investors to claim deductions for the wear and tear of
their properties over time. These deductions, covering both the building's structure
(Division 43) and its plant and equipment assets (Division 40), can save property owners
thousands of dollars every year. However, the key to maximising these savings lies in having
a detailed and accurate depreciation schedule prepared by certified quantity surveyors.

Expertise That Can’t Be Matched
At Koste, all of our depreciation schedules are prepared by chartered quantity
surveyors—professionals who specialise in assessing construction costs and calculating
depreciation. Our team ensures that your schedule is not just accurate but optimised to
claim the maximum allowable deductions under Australian tax law. Unlike some providers
that rely on software or under-qualified staff, Koste guarantees that every report is
prepared with the highest level of expertise.

What Sets Us Apart:
• Professional Expertise: Every schedule is prepared by fully qualified quantity surveyors,
ensuring accuracy and compliance with the Australian Tax Office (ATO) regulations.
• Tailored Solutions: We provide tailored reports that consider every aspect of your
property, ensuring no potential deduction is overlooked. This is particularly crucial for
properties with complex renovations or second-hand assets.
• Compliance and Peace of Mind: At Koste, we take compliance seriously. You can rest
assured knowing that your tax depreciation schedule is accurate and meets all ATO
standards, reducing the risk of audit or under-claimed deductions.

Look Beyond Reviews: Choose Expertise, Certification, and Specialisation

When selecting a provider for your tax depreciation schedule, it’s crucial to look beyond
Google and Trustpilot reviews. While reviews can provide some insight, they may not
always be as transparent or reliable as they appear. Instead, it’s essential to choose a
provider based on their professional expertise and certification.
At Koste Chartered Quantity Surveyors, all of our reports are prepared by certified quantity
surveyors registered with the Australian Institute of Quantity Surveyors (AIQS) or
chartered quantity surveyors. This guarantees that your depreciation schedule is accurate,
compliant, and prepared by experts who understand the latest tax legislation.
Not All Quantity Surveyors Are the Same:
It’s important to recognise that not all quantity surveyors are experts in every asset type.
For example, preparing a tax depreciation schedule for a hotel or a commercial property
requires specialised expertise in that sector. These types of properties are much more
complex, involving unique assets and tax treatments that only a specialist quantity surveyor
can properly assess.
On the other hand, residential properties are more straightforward, which explains why
many new companies offer depreciation schedules for homes. However, while these
companies may seem cost-effective, they often lack the deep understanding of more
complex tax scenarios, frequent legislative changes, and how to maximise deductions in
complex situations.
What to Look For:
• Certified or Chartered Status: Ensure your provider is a certified member of AIQS or a
chartered quantity surveyor, which guarantees they meet the highest industry standards.
• Asset-Specific Expertise: If you’re investing in specialised asset types such as hotels,
commercial buildings, or industrial properties, make sure your quantity surveyor has
proven experience in that area.
• Understanding of Tax Legislation: Frequent changes to tax laws can impact your
depreciation claims. Choose a provider like Koste, whose team stays up to date with the
latest legislation to ensure your deductions are maximised and compliant with ATO
requirements.
By focusing on certified professionals and ensuring your quantity surveyor has experience
in your asset type, you’ll secure a reliable and accurate tax depreciation schedule that
protects your investment and maximises your returns.

Why All Providers Are Not the Same
It’s important to understand that not all tax depreciation providers are created equal. Some
offer cheaper services that may appear to save you money upfront but ultimately result in
missed deductions and a lower return on your investment. Without the input of

experienced quantity surveyors, these reports often miss crucial details such as the correct
classification of assets, overlooked improvements, or renovations that could significantly
increase your claims.
The Risk of Choosing the Wrong Provider:
• Missed Deductions: Basic schedules can miss key deductions, especially if they are not
prepared by a qualified professional. This can lead to thousands of dollars left unclaimed
over the life of your investment.
• Lack of Expertise: Without the expertise of a quantity surveyor, your depreciation
schedule may not fully comply with ATO requirements, leading to potential compliance
issues.
Real Example: Maximising Savings Through Expertise
Let’s look at a typical scenario: A property investor purchased a $750,000 investment
property and was initially given a basic tax depreciation schedule. Over the first two years,
they only managed to claim $10,000 in deductions. After switching to Koste for a review,
our detailed schedule uncovered an additional $15,000 in deductions, bringing the total to
$25,000—an increase of 150% in savings.
This is the difference that expert quantity surveyors can make. By conducting a thorough
review, we ensure that no deduction is missed, giving you the best possible return on your
investment.

The Koste Process: Maximising Your Deductions
At Koste, we make the process of obtaining a tax depreciation schedule simple and stress-
free. Our process includes:
1. Initial Consultation: We discuss your property and estimate the likely deductions based
on its type and age.
2. Site Inspection: For second-hand or older properties, we conduct an inspection to assess
the structural elements and assets.
3. Detailed Report: Our chartered quantity surveyors prepare a comprehensive depreciation
schedule that maximises your savings.
4. Optimised for Tax Time: Submit the report to your accountant, ensuring you get the
maximum deductions available.

Don’t Leave Money on the Table
Each year, billions of dollars in tax depreciation deductions go unclaimed by Australian
property investors simply because they weren’t aware of their entitlements or chose the

wrong provider. The ATO does not remind investors to claim these deductions, meaning it’s
up to you to ensure you’re not overpaying on your taxes.
By partnering with Koste Chartered Quantity Surveyors, you’re choosing a provider who
understands the intricacies of both construction costs and tax law, giving you the
confidence to claim every dollar you’re entitled to.

Conclusion: Invest in Expertise for Maximum Returns
Choosing a provider for your tax depreciation schedule isn’t just about cost—it’s about
value. With Koste Chartered Quantity Surveyors, you’re not just getting a report; you’re
investing in professional expertise that will help you achieve the maximum tax savings
possible. Don’t settle for less—contact us today and let our experts unlock your property’s
full potential.