PH Financial Pty Ltd has built a strong reputation as an outstanding mortgage brokerage firm serving the lending needs of real estate professionals, builders and individual homebuyers throughout Victoria and Australia. We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending...from purchase to refinance to construction lending, and also commercial lending. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding the right loan - with the best rates, terms and costs - to meet our clients' unique needs. But that's just the beginning of our service. Throughout the lending process we provide regular loan updates and progress reports so clients always know the status of their loan. We also offer a special Mortgage Manager service for those considering refinancing their mortgage. And, now it's our pleasure to offer all of our exceptional mortgage services online. Through PH Financial you not only have access to the best loans available in the marketplace, but you can review loan alternatives, and even apply for your loan, at your convenience, online - 24 hours a day.
Being small business operators ourselves, we understand just how important it is for small business owners to get the best deal. Ph Financial is pleased to announce that our commercial lending service has recently been upgraded, and we can now offer small business owners one of the most comprehensive and competitive business services available.
We are a Member of Count Wealth Accountants®, Australia's largest independent network of accountants specialising in wealth advice. Count Wealth Accountants recently joined forces with BankWest to bring you Business Express offering lower fees and better service for your small business. BankWest has been around for more than 100 years and has assets of more than $20 billion. They specialise in understanding the needs of small business, and are dedicated to offering businesses a better deal. To receive the brochure "A better deal for small business" and to find out how our new business service can help you, or to arrange an appointment to find out more about our complete range of business services, please call us on 9842 9229.
Property Depreciation
If you own a rental property that was built since 1983 or has had some major structural renovations since 1983, you may be entitled to claim a deduction that is known as a Div 10A Building Allowance. This allows a deduction of at least 2.5% of the cost of the building (not the purchase price of the land and building). In order to claim this deduction you need to have a quantity surveyor value the building to determine the original cost. This deduction is allowable each year and does not reduce the cost base of the building.
While the surveyor is preparing this schedule he will usually prepare a schedule of plant and equipment deductions that you may be entitled to as well. This can certainly help to reduce your taxable income.
While there are a number of surveyors available, we recommend a company called Depreciator. Depreciator is available in all states and most areas of Australia and can provide a schedule within a few days. To link to the depreciation site please click here, to go to our badged Count Web Site and select "Our Services". From this page select Depreciator from the second last menu on the left hand side.
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