Not all Quantity Surveyors are Qualified

This is the third of seven special contributions to our blog from Tracey Lunniss, quantity surveyor, director of TSL Project Services Pty Ltd, our expert advisor on tax depreciation reports for investment property.

"Not all Quantity Surveyors are qualified."

It is imperative that your chosen Quantity Surveyor is qualified to prepare your Tax Depreciation Report.

Make sure that the Company you use is a member of the Australian Institute of Quantity Surveyors, and that they have both Professional Indemnity Insurance and Public Liability Insurance.

According to a recent article in Australian Property magazine (March 2006), “Investors are advised to research the representatives actually preparing their Depreciation Schedule and to ensure the Company was suitably qualified before hiring it.”

The article also said, “The Australian Institute of Quantity Surveyors has stated that the highest numbers of complaints they receive are from people who have used non members to undertake their Tax depreciation Reports and as a result have had a very unsatisfactory service. Companies whose representatives are not members of any professional body are not bound by any code of professional conduct.”

TSL Project Services are members of the Australian Institute of Quantity Surveyors and are fully insured.

This report was brought to you by:
Tracey Lunniss, BSc (Hons) (QS), MRICS, AAQIS, Chartered Quantity Surveyor and Associate Director TSL Project Services Pty. Ltd.

National Office: Unit 10 / Knobel Court, Hyperdome Technology Park Commercial Centre,Shailer Park, QLD, 4128
Tel: 1300 792 360
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David Maynard

My Tax Zone

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