Quality Assurance Certification Services - Australia

Quality assurance systems are quite a daunting task to implement when you are unsure of the requirements and where to start, but have proven to save time and money and improvements are made in areas that have surprised management and staff. There is an increasing requirement from Government, Private and the Mining Sector to have either a quality, safety , Environmental or a Corporate and Social responsible system in place under the requirements of the supply chain and to reduce risk to the supplier. With the impact of social media it has become an effective tool in the management of  operations in public statements and whom is authorised to speak to the media.

Independent Inspections can help you get certified. Call us today!

CONTACT US

Independent Inspections Pty Ltd
Phone Number- 1300 857 149
admin@iigi.com.au
http://www.iigi.com.au

Tax Depreciation Schedules

Tax Depreciation Schedules

An essential part of your investment is called a tax depreciation schedule, that offsets your taxable income with a negative geared property. The building allowances are split into 2 main areas, the building shell that attracts a 2.5 percent of the value of the fixed items such as kitchen,carport and pool areas, and then there is the internal chattels.

Different items are depreciated with their effective life or how long the item will last, such as carpets, dishwasher, hot water system, curtains and furniture. Improvements made to the building can be allowed for for capital improvement, but you can not claim landscaping in the schedule nor repairs and maintenance.

To have a tax depreciation schedule prepared for your property contact Independent Inspections on 1300 857 149.

Body Corporate Strata Sinking Fund Forecast

Maintaining you property is always a contentious issue with owners and planning items at scheduled intervals can be confusing. By having a sinking fund forecast and maintenance plan in place gives a specific guide in the management of the property. The Sinking fund forecast is compiled over a 15 year period with some items forecast such as lifts and painting that have a major impact on the setting of the levies over this period of time.

Best practice in the industry is to have a 5 yearly review of the forecast, to revise costing over the period and to reduce the risk of a special levy. Legislation is somewhat fragmented in the states of Australia, but has proven to be an effective tool for the owner or a buyer. The biggest risk is where an owner buys into a unit complex with low levies in place and there are building issues then the owner sells, then a new owner comes with with no knowledge of the issues and then is forced to pay extra costs from the lack of planning of the previous owner.

To arrange for a sinking fund forecast report call Independent Inspections today! 1300 857 149

Insurance Valuation Management For Strata Body Corporate and Commercial Buildings - Australia

With the rising of extreme events in North Queensland over the last couple of years, and currently with Cyclone ITA on the horizon. It is a timely reminder of the value of having an Insurance Valuation done on strata body corporate and commercial buildings to determine if the building is properly insured should the worst happen. 

Best practice in the industry is having a review of the building replacement insurance every 5 years, with this requirement written into body corporate and Strata legislation. 

Northern Queensland has experienced a dramatic rise in its insurance premiums and it is certainly a contentious issue, with the excessive premiums from the insurance companies making it harder for owners. 

Strata Community Australia has embarked on a campaign to bring these issues to the insures and getting some common sense back in the market.

For a building replacement insurance assessment on your building contact Independent Inspections on 1300 857 149 today!