MBM's quantity surveyors prepare tax depreciation schedules that identify every deduction available to you under Division 40 (plant and equipment) and Division 43 (capital works). We review asset ownership to clearly separate between landlord and tenant entitlements, then reconcile your depreciation schedule with fixed asset additions so nothing is missed or double-counted. 

Our schedules also project the allowances available over the remaining life of the property, so you can forecast deductions and optimise after-tax returns. 

Whether you own commercial, industrial, retirement, residential or other income-producing property, we assess your assets thoroughly so you can claim with confidence.

Make sure your sum insured is right. MBM's replacement cost assessments estimate the full cost of rebuilding your property like-for-like after a total loss, including demolition, site clearance, approvals, design adjustments and certification fees. We cover buildings, integral plant and equipment and site improvements, and allow for forecast market conditions and pricing over the policy period and the rebuild. 

With insurance costs rising, an accurate replacement cost helps you avoid being over- or under-insured, and reduces your risk should the worst occur.

MBM's quantity surveyors build and maintain live, up-to-date fixed asset registers tailored to your property portfolio. We analyse capital expenditure invoices, add new assets to your register and report in detail, so every deduction available to you is captured. 

When new assets replace older ones, the older assets can be written off. We identify their remaining undeducted value so it can be included in your next depreciation claim. 

A well-maintained register supports compliance and tax reporting, capital expenditure analysis, end of financial year reconciliation and tax depreciation schedule preparation. It also helps you plan repairs, replacements and long-term investment.

Plan for major expenses before they arrive. MBM uses an established lifecycle modelling approach to assess the replacement cost and life expectancy of a building's major elements, and turns it into detailed CAPEX forecasts for repairs, replacements and upgrades. 

You can budget with confidence, avoid unexpected costs and make informed long-term investment decisions. The model can be used from initial planning and design through to long-term asset management.

MBM estimates the tax depreciation allowances available on a property so tax issues are addressed early in due diligence and divestment. These estimates can be used as a marketing tool in the sale process, and they support feasibility reporting on whether to acquire or build a new property asset. 

For leasing transactions where fitout contributions are made, we prepare depreciation schedules for both landlords and tenants.