MBM prepares tax depreciation and capital allowances schedules detailing the deductions available to the taxpayer. Our review of the ownership of the assets provides a clear demarcation between landlord and tenant ownership. We reconcile the depreciation schedules with the fixed asset additions and prepare projections for allowances that are available for the remaining life of the property to ensure that after tax returns are optimised.

Whether you own commercial, industrial, residential or any other income producing property type, our team will assess your assets thoroughly, giving you peace of mind and help you optimise your tax return.

MBM analyses data from capital expenditure invoices to incorporate into a client’s asset register and through our detailed reporting we ensure that all deductions available are captured. As most new assets replace older assets, these older assets are written off, so you can add the remaining undeducted depreciation of these older assets to your next depreciation claim. This provides the basis for ongoing capital expenditure analysis, end of financial year reconciliation and preparation of depreciation schedules.

MBM provides a robust basis for ensuring our client’s assets are adequately insured. Our Replacement Cost Assessments consider the worst-case scenario of a disaster requiring the complete reconstruction of the buildings, integral plant and equipment and site improvements. This includes the cost of demolishing the building and clearing the site and the cost reconstruction of the replacement building (like for like) and considers the necessary fees associated with obtaining approvals, design adjustments and certification. Furthermore, our assessments allow for forecasted market conditions and pricing through the period of the policy and re-construction. This comprehensive assessment reduces our client’s risk should the worst occur.

With insurance costs constantly increasing, it’s imperative to have an accurate replacement cost, you don’t want to be over or under insured.

MBM provides estimates of available tax depreciation allowances so that issues are addressed comprehensively throughout the due diligence and divestment process. These estimates not only assist you in the sale process as a marketing tool but they also assist your feasibility reporting to determine the viability or acquiring or building a new property asset. MBM also provides depreciation schedules for both landlords and tenants where fitout contributions are made as part of a leasing transaction.

MBM ‘ live’ up-to-date asset registers are a vital tool for property owners, managers, and businesses to track and manage assets effectively. At MBM, we create tailored asset registers that provide a clear, comprehensive inventory of your property’s assets. This not only supports compliance and tax reporting but also enhances your ability to plan for repairs, replacements, and long-term investment strategies.

MBM has an established approach to life cycle modelling to assess the replacement cost and life expectancy of a building’s major elements. Plan for the future with MBM’s comprehensive capital expenditure (Capex) forecasting services. We provide detailed projections of your property’s upcoming capital expenditures, helping you budget for repairs, replacements, and upgrades. Our team ensures that you are financially prepared for major expenses, allowing you to avoid unexpected costs and make informed decisions about long-term investment strategies. The model can be used during the initial planning and design of the building through to the longer-term asset management.

To give you confidence in your reporting, we provide review services of your existing tax depreciation reports and replacement cost assessments. We will use our large data base of similar properties and our extensive experience to do a review of your reports from other providers. MBM depreciation reviews regularly find unclaimed deductions, resulting in increased cashflow. MBM replacement cost reviews consistently find replacement cost values that are too high, resulting in decreased insurance costs.