About Us

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About Us

WRITE IT OFF ATO COMPLIANT DEPRECIATION SERVICE

Our History

Write It Off has been in operation since 2002. As with a lot of companies, we started from humble beginnings as we developed our product and our team. In recent years we have grown to become one of the favoured depreciation specialist companies dealing with residential and commercial investment properties. We are always striving to improve ourselves and expand our operation throughout Australia.

Our Team

Included in our team is our admin staff, account executives, building inspectors, quantity surveyors and the managing director, Steven Wynn BEc.ANU. Registered Tax Agent 25157909. We have building inspectors located in all the major capital cities to service your property depreciation needs.

Our Charter

To work with our clients to achieve the maximum allowable depreciation claims for their investment properties.

Our Qualifications

Our depreciation schedules are prepared by experienced building estimators and signed off by both the Director of the company and a senior member of the AIQS (Australian Institute of Quantity Surveyors) experienced in the business of estimating building costs. Our qualification is one of only a few who are recognised by the ATO to be able to complete rental property depreciation reports.

Under current Australian Tax Office legislation, where a new owner is unable to determine precisely the construction expenditure associated with a building, an estimate provided by an appropriately qualified person may be used. Appropriately qualified people include:

  • a quantity surveyor

Quantity Surveyors have usually completed an appropriate tertiary course. They work on projects ranging from office blocks, schools, hospitals, factories, bridges, railways, oil and mining development, shipbuilding and large process engineering works such as oil refineries.

Quantity Surveyors must have orderly and analytical minds and be prepared to work to very rigid time schedules. As decisions involving large sums of money are often made using information produced by them they must be accurate in all aspects of their work.

When construction is complete quantity surveyors can produce depreciation schedules of the various project components and advise on realistic insurance replacement costs.

Unless they are otherwise qualified, valuers, real estate agents, accountants and solicitors generally have neither the relevant qualifications nor the experience to make such an estimate.

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