In the majority of circumstances it is worthwhile having a chattel valuation completed for tax purposes. What do we mean by worthwhile? You will receive more than the valuation fee back in the first year in increased depreciation that you will be able to claim by having a full apportionment completed.
It has been said that Chattels Valuations for claiming depreciation are probably only worthwhile for commercial or high value domestic properties owing to the cost of getting one done.
Read more: http://propertyblogs.co.nz/2009/11/0...ion-explained/
Cheers
Marc
It has been said that Chattels Valuations for claiming depreciation are probably only worthwhile for commercial or high value domestic properties owing to the cost of getting one done.
Read more: http://propertyblogs.co.nz/2009/11/0...ion-explained/
Cheers
Marc