On What Basis Tax Depreciation Amount Calculated by Quantity Surveyor ?

1. On What Basis Tax Depreciation Amount Calculated by Quantity Surveyor ? The main function which is carried out by the quantity surveyor is to calculate the amount at which tax depreciation benefit is to be gain by the tax payer. Various type of standard is decided by the Australian tax office which is applicable to the all to accept it and follow it. So quantity surveyor make use of standard method for calculation of amount at which tax benefit can be gain by the tax payer. Report is to be made by the quantity surveyor for the tax depreciation and given to the tax payer. In very clear language report is been made up so that it can be understand by the tax payer without any sort of confusion. Tax depreciation schedule is useful to the tax payer for reduction in the price of tax amount. In the report of tax depreciation, each and every matter is to be described in the detail with necessary calculation work. Explanation is to be given for the for the important calculation work which make easy for the tax payer to clear out the concept. Several type of legal matter is involved in the process of tax depreciation process which is essential and compulsory to followed by all. In legal manner tax payer can able to achieve the benefit of deduction in the amount of tax payment. The burden of tension gets reduce and satisfaction is to be felt by the tax payer due to the reliable and trustworthy outcomes of tax depreciation procedure.