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    Can I claim scrapping on yard demolition without prior QS Schedule

    You don't need a Dep Schedule to claim the value of stuff disposed of, but somebody needs to put a value on the structures (Capital Works). Accountants can't estimate the cost of Capital Works. If you do a new build and have all the costs, an accountant can work out the depreciation. Anybody...
  2. D

    Can I claim scrapping on yard demolition without prior QS Schedule

    The residual value of anything built post 85 would have been claimable (assuming the place was rented out before demo and will be rented out after). I reckon you've left it too late, though. A QS isn't going to put values on stuff he hasn't seen. There might have been a tax deduction in the...
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