What procedure is involved in preparing a Tax Depreciation Report?
Once the Order is received, a managing agent or tenant will be contacted to organise a site inspection. Within a few days, a thorough site inspection is undertaken where a Vatersay representative, usually a quantity surveyor, will collect the necessary measurement and photographic records to ensure all items both within the property and common areas are identified. Vatersay will also gather all necessary information from Councils and other parties in order to complete the report. Once the inspection is complete and documentation is gathered, a quantity surveyor who specialises in tax depreciation will analyse all the documentation and develop a detailed report showing the maximum tax depreciation and building write-off available in respect of the proposed building.
