Will You be Claiming all of the Tax You Are Entitled To?

Although we've only just entered the month of April, before we know it the end of Financial Year will be upon us and it will be time to submit our tax returns again.

In readiness for that time of year approaching, this is the time to ensure all financial records are up to date and all filing is done - then it will be so very much easier to sit down to put all of the required information together for your tax accountant!

Do you have a Tax Depreciation Schedule for each of your investment properties? 

If not, this is an absolute neccessity to have and now is the time to get it prepared.

One of the great ways to legitimately reduce your tax is by using a Quantity Surveyor to measure your depreciable items in your investment property.  The Quantity Surveyor inspects your property and prepares a Tax Depreciation Schedule which you provide to your property-wise Tax Accountant.

If you don't have a Depreciation Schedule for each of your investment properties, or you don't understand what one is, or why you need one, read our special report here :

Investor's Guide to Depreciation Savings

We will be covering the topic of how to locate a property-wise Tax Accountant in a Reno Kings Newsletter in the near future.