Terms and Conditions
Where we deem necessary, Depreciator Pty Ltd will inspect your investment property and prepare a detailed tax depreciation schedule (Schedule) in compliance with the requirements and guidelines of the Australian Taxation Office and the Australian Institute of Quantity Surveyors.
You are responsible for all information you provide to Depreciator Pty Ltd for the purpose of preparing your Depreciation Schedule.
Depreciation Estimates
Any estimate provided to you by Depreciator Pty Ltd – whether it be from our depreciation calculator, verbal, or in written form is only an estimate. Our estimates are based upon the information you have provided about your property as well as information available online. This information may be a subjective valuation or contain incorrect information and you understand that this will affect the accuracy of our estimates and that all properties are different.
Payment Terms
When paying via credit card or bank deposit we require a 50% deposit or full payment to commence work unless another arrangement has been made. If paying via cheque we require full payment upfront. For credit card payments, once your Schedule has been completed we will take the balance of payment automatically. For bank deposits, you will receive an invoice when your schedule is completed for the balance of payment due immediately.
Depreciator Pty Ltd retains ownership of your Depreciation Schedule and will only provide your Depreciation Schedule to you after we have received full payment for the agreed fee.
Payment Methods
Payment can be made by one of the following options:
Direct Deposit:
Account Name: Depreciator Pty. Ltd.
BSB: 082 057
Account Number: 55762 6465
Credit Card: We accept MasterCard and Visa Card. Credit card payments can be made online via our website or over the telephone by calling 1300 66 00 33. We do not charge a service fee for credit card or any other forms of payment.
Bank Cheque, Personal Cheque, or Money Order: made out to Depreciator Pty Ltd and post to PO Box 641, Bondi Junction, NSW 1355
Please note that any payments sent in the post may take up to an additional two weeks to allocate to your job due to slow postal delivery and bank clearance times. We recommend card payment or bank transfer to prevent delays.
When making a payment you must provide your job number as a reference. This is in the quote or invoice we’ve emailed to you, or call 1300 66 00 33.
The Depreciator Guarantee
For residential properties built after 1987, Depreciator Pty Ltd guarantees that your Depreciation Schedule will provide twice our fee in deductions in the first full year or your schedule is free. For brand-new residential investment properties, Depreciator Pty Ltd guarantees ten times our fee in deductions in the first full year or the schedule is free. “Brand-new’ is defined as a property where the current owner’s tenants are the first people to live in the property.
Depreciator Pty Ltd retains ownership of the Depreciation Schedule and will provide the Depreciation Schedule for your investment property to you only when we have received our agreed fee in full. Work on your schedule will not commence until we receive all the information we request from you and a deposit of 50% or full payment unless a lesser deposit has been agreed upon.
Typical time to complete your Schedule
We typically provide completed Depreciation Schedules within 10 business days of receiving all necessary information and/or performing an inspection of the property. If your Schedule is needed urgently please advise us as soon as possible.
Cancellation Policy
We do not charge a cancellation fee unless an inspection has been carried out or work has started on your schedule.
Delivery of your Report
Your Depreciation Schedule will be emailed to you and your accountant, if you have provided their details, as a PDF file once we receive full payment from you.
We do not provide hard copies of depreciation schedules.
Digital Record Keeping
If you lose or misplace your Schedule you can request an electronic copy of your schedule to be emailed to you or your Accountant at any time.
