Business Details
45 Years
experience
Trusted Tax Depreciation Schedules in Melbourne
Established in 1981, Abbcon Associates has been delivering specialised tax depreciation services to property investors, accountants, and property professionals across Australia. Our team of experienced quantity surveyors, led by Erik Abbenhuys with over 50 years of industry expertise, conducts detailed property inspections and prepares ATO-compliant depreciation schedules. We prioritise accuracy and professionalism, ensuring clients maximise deductions while adhering to legislative requirements.Our commitment to excellence extends to building cost estimates, insurance valuations, and expert witness reports. With a focus on residential, commercial, and industrial properties, we provide tailored solutions that enhance cash flow and investment returns. Our methodology combines technical precision with client-centric service, maintaining registrations with the Tax Practitioners Board and membership in the Australian Institute of Quantity Surveyors.
Services
Tax Depreciation Schedules
Building Cost Estimates
Insurance Replacement Valuations
Feasibility Studies
Tenancy Reports
Details
- Year established: 1981
Highlights and features
- We offer over 50 years of experience in quantity surveying and tax depreciation.
- Our team provides ATO-compliant depreciation schedules with precise property inspections.
- We specialise in maximising deductions for residential, commercial, and industrial properties.
- Our services are tailored to accountants and property professionals' needs.
- We maintain professional registrations with the Tax Practitioners Board.
Associations and certifications
- Australian Institute of Quantity Surveyors
What people say
Detailed reports
Exceeded expectations
Highly recommend
Expertise and knowledge
Easy for accountant
Services
Tax Depreciation Schedules
Our ATO-compliant tax depreciation schedules identify depreciable assets in investment properties. We conduct on-site inspections to assess building structure and plant equipment, calculating deductions under Divisions 43 and 40. Clients receive detailed reports valid for 40 years, maximising annual tax deductions for residential, commercial, and industrial properties.
Building Cost Estimates
We provide accurate building cost estimates for new developments and renovations. Our quantity surveyors analyse project requirements to deliver detailed cost breakdowns, helping clients budget effectively. Services include bills of quantities and feasibility studies for residential, commercial, and public infrastructure projects.
Insurance Replacement Valuations
Our insurance replacement cost valuations ensure adequate coverage for property damage. We assess building materials, construction methods, and current market rates to determine accurate reinstatement costs. This service applies to residential, commercial, and industrial properties, supporting insurance claims and policy renewals.
Feasibility Studies
We conduct feasibility studies to evaluate project viability and cost-effectiveness. Our analysis covers construction costs, regulatory compliance, and lifecycle expenses. Clients receive comprehensive reports to inform investment decisions for residential, commercial, and public sector developments.
Tenancy Reports
Our tenancy make-good reports outline obligations for property handovers. We inspect premises to document required repairs and reinstatements, providing cost estimates for compliance. This service supports landlords and tenants in managing lease exit requirements efficiently.
People
Erik Abbenhuys
Principal Quantity Surveyor
With over 50 years of experience, Erik leads Abbcon Associates as a registered quantity surveyor. He specialises in tax depreciation schedules and expert witness reports, maintaining memberships with AIQS and ICECA. His expertise spans residential and commercial property valuations.
Questions
What is a Tax Depreciation Schedule?
A Tax Depreciation Schedule is an ATO-compliant report identifying depreciable assets in investment properties, allowing annual tax deductions for asset value decline over time.
How does splitting schedules benefit joint owners?
Splitting schedules between joint owners allows separate depreciation claims on plant and equipment, potentially doubling deductions for assets valued under $2,000.
What properties qualify for depreciation claims?
Residential, commercial, and industrial properties qualify. New properties and those purchased before 9 May 2017 allow full deductions, while second-hand residential assets have restrictions.
How long does the inspection process take?
Property inspections typically take 1-2 hours depending on property size, followed by report compilation within 5-7 business days.
Are your reports ATO-compliant?
Yes, all depreciation schedules meet ATO requirements and are prepared by registered quantity surveyors for valid 40-year claims.
Reviews (4)
Ajay
Jul 04, 2021
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It was an absolute pleasure dealing with Erik. In addition to excellent communication, he was very generous with his time to answer my numerous questions. My depreciation report was completed in a timely manner even with lockdowns and end of financial year craziness. I would recommend his services to anyone
Rana Haris
Dec 03, 2020
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Big scammers. It is surely worth reading this review
I contacted Erik and requested him to visit my property for tax depreciation report which he agreed on and given me $550 price. 2 days later I received my report without even property inspection. When I asked the reason, Erik replied I could do without property inspection. Erik charged me a high fees for report without property inspection whereas all other competitors were giving me a better price for inspection report without inspecting. When I didn't find them adjusting their invoice. I paid off my invoice and Erik said he will make it $450
I contacted Erik and requested him to visit my property for tax depreciation report which he agreed on and given me $550 price. 2 days later I received my report without even property inspection. When I asked the reason, Erik replied I could do without property inspection. Erik charged me a high fees for report without property inspection whereas all other competitors were giving me a better price for inspection report without inspecting. When I didn't find them adjusting their invoice. I paid off my invoice and Erik said he will make it $450
Michael Tiemens
Sep 16, 2018
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It has always been a pleasure to work with Erik from Abbcon Associates. I've found him to be highly professional, generous with knowledge and demonstrate high communication which is exactly what you want from working with great consultants. Highly recommend!!
Barbara Smith
Jan 25, 2016
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I am extremely happy with the service provided by Abbcon Associates for my depreciation reports. I have used Abbcon Associates for a number of my investment properties and each time, Erik has followed through with my requests but most importantly the detailed reports and the amount of the claims exceeded my expectations and I thank Erik wholeheartedly for his expertise and knowledge. My accountant was very impressed with Abbcon's reports which made his job very easy. I highly recommend.
