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Lime Living Cannon Hill Stage C

Published by rachel.hutson, 2016-01-21 22:31:08

Description: Lime Living Cannon Hill Stage C

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BMT Tax Depreciation Level 7, 320 Adelaide Street Brisbane QLD 4000QUANTITY SURVEYORS GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 e [email protected] f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable Typical 1 Bedroom Apartment, Lime Living (Stage C & D) 972-986 Wynnum Road, CANNON HILL, QLD 4170 Maximum Comparison Yr 1-10 (Max & Min)Year Plant & Division 43 Total $10,000 Equipment 1 9,735 $9,000 2 7,953 3 4,808 4,927 7,602 $8,000 4 3,026 4,927 6,970 5 2,675 4,927 6,314 $7,000 6 2,043 4,927 6,229 7 1,387 4,927 5,740 $6,000 8 1,302 4,927 5,436 9 813 4,927 5,246 $5,000 10 509 4,927 5,12511 + 319 4,927 148,150 $4,000 198 4,927Total 329 147,821 $214,500 $3,000 $17,409 $197,091 $2,000 $1,000 $0 1 2345678 9 10 Years Maximum                         Minimum Minimum Cumulative Yr 1-10 (Min & Max)Year Plant & Division 43 Total $67,000 1 2 3 4 5 6 7 8 9 10 Equipment $60,300 Years 1 4,031 7,965 $53,600 2 3,934 4,031 6,507 $46,900 Maximum                         Minimum 3 2,476 4,031 6,220 $40,200 4 2,189 4,031 5,702 $33,500 5 1,671 4,031 5,166 $26,800 6 1,135 4,031 5,097 $20,100 7 1,066 4,031 4,696 $13,400 8 665 4,031 4,448 9 417 4,031 4,292 $6,700 10 261 4,031 4,193 $011 + 162 120,945 121,214 269Total $161,255 $175,500 $14,245* assumes settlement on 1 July in any given year.This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Valuemethod of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5%depending on the property type and date of construction. This estimate is based upon legislation in force at the date ofreport production. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922 Maximising Property Tax Depreciation Deductions 397448

BMT Tax Depreciation Level 7, 320 Adelaide Street Brisbane QLD 4000QUANTITY SURVEYORS GPO Box 3229 Brisbane QLD 4001 t 07 3221 9922 e [email protected] f 07 3221 9933 w www.bmtqs.com.au Australia Wide Service ABN 44 115 282 392 Estimate of Depreciation Claimable Typical 2 Bedroom Apartment, Lime Living (Stage C & D) 972-986 Wynnum Road, CANNON HILL, QLD 4170 Maximum Comparison Yr 1-10 (Max & Min)Year Plant & Division 43 Total $13,000 Equipment 1 13,000 $11,700 2 10,973 3 5,829 7,171 10,056 $10,400 4 3,802 7,171 9,410 5 2,885 7,171 8,733 $9,100 6 2,239 7,171 8,453 7 1,562 7,171 8,049 $7,800 8 1,282 7,171 8,275 9 878 7,171 7,862 $6,500 10 1,104 7,171 7,60211 + 691 7,171 215,823 $5,200 431 7,171Total 719 215,104 $308,236 $3,900 $21,422 $286,814 $2,600 $1,300 $0 1 2345678 9 10 Years Maximum                         Minimum Minimum Cumulative Yr 1-10 (Min & Max)Year Plant & Division 43 Total $93,000 1 2 3 4 5 6 7 8 9 10 Equipment $83,700 Years 1 5,867 10,636 $74,400 2 4,769 5,867 8,977 $65,100 Maximum                         Minimum 3 3,110 5,867 8,228 $55,800 4 2,361 5,867 7,699 $46,500 5 1,832 5,867 7,145 $37,200 6 1,278 5,867 6,916 $27,900 7 1,049 5,867 6,585 $18,600 8 718 5,867 6,771 9 904 5,867 6,432 $9,300 10 565 5,867 6,220 $011 + 353 175,994 176,583 589Total $234,664 $252,192 $17,528* assumes settlement on 1 July in any given year.This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Valuemethod of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5%depending on the property type and date of construction. This estimate is based upon legislation in force at the date ofreport production. This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 07 3221 9922 Maximising Property Tax Depreciation Deductions 397448

Body corporate

The Body Corporate for Lime - Living Staged Administrative Fund Budget for the First 12 Months INCOME Stage 1 Stage 1 & 2 Stage 1 - 3 TOTAL REMARKSNet Income 3 Month 3 Month 6 MonthGSTGROSS INCOME $ 14,648 $ 23,635 $ 98,272 $ 136,554 $ 1,465 $ 2,363 $ $ 16,112 $ 25,998 $ 9,827 $ 13,655 108,099 $ 150,210EXPENSES Stage 1 Stage 1 & 2 Stage 1 - 3 TOTAL REMARKSAudit Fees $ -$ -$ -$ -Bank Charges $ 25 $ 40 $ 166 $ 231Body Corporate Administration $ 885 $ 1,428 $ 5,938 $ 8,250 Secretarial & Treasury FeeBody Corporate Administration - Additional $ 89 $ 143 $ 594 $ 825Body Corporate Administration - Establishment $ 70 $ 113 $ 468 $ 650Caretaking/Management $ 7,080 $ 11,424 $ 47,500 $ 66,004Cleaning Materials $ 19 $ 30 $ 125 $ 174Consultancy Fee $ 93 $ 150 $ 625 $ 868Electricty - Common Area $ 2,199 $ 3,547 $ 14,750 $ 20,496Electricty - Bulk Supply $ 12,744 $ 20,563 $ 85,500 $ 118,807Electricty - Bulk Supply Admin $ 1,317 $ 2,125 $ 8,835 $ 12,277Electricty - Bulk Supply Reimbursement ($ 14,061) ($ 22,688) ($ 94,335) ($ 131,084)Fees & permits $ 19 $ 30 $ 125 $ 174Fire Evacuation Training $ 56 $ 90 $ 375 $ 521Fuel $ 11 $ 18 $ 75 $ 104Gas $ 11 $ 18 $ 75 $ 104Income Tax $ -$ -$ -$ -Income Tax Preparation $ 19 $ 30 $ 125 $ 174Insurance- Building $ 2,236 $ 3,608 $ 15,000 $ 20,843 Lots & Common Property- Building Reimbursement ($ 2,236) ($ 3,608) ($ 15,000) ($ 20,843) Paid by the Original owner in 1st Year- Machinery $- Office Bearers $ -$ -$ -$ -- Public Liability $ 41 $ 66 $ 275 $ 382 For Committee Members- Stamp Duty & Admin $ 212 $ 343 $ 1,425 $ 1,980 For Common Property OnlyPP & Outlays 95 $ 153 $ 637 $ 884- PP & O - Core Duties $- PP & O - Additional $ 496 $ 800 $ 3,325 $ 4,620 Postage, Photocopying & OutlaysSoftware License $ 142 $ 228 $ 950 $ 1,320 Postage, Photocopying & OutlaysRates & Taxes $ 85 $ 137 $ 570 $Repairs & Maintenance -$ -$ - $ 792- R & M - Building $ -- R & M - Gardens & Grounds $ 242 $ 391 $ 1,625 $- R & M - Electrical $ 93 $ 150 $ 625 $ 2,258- R & M - Fire Equipment $ 93 $ 150 $ 625 $ 868- R & M - Lifts $ 484 $ 782 $ $ 868- R & M - Pest Control $ 1,453 $ 2,345 $ 3,250 $- R & M - Plant & Equipment $ 56 $ 90 $ 9,750 $ 4,516- R & M - Plumbing $ 56 $ 90 $ $ 13,548- R & M - Security Equipment $ 26 $ 42 $ 375 $- R & M - Pumps & Tanks $ 63 $ 102 $ 375 $ 521 Common Property OnlySignage $ 19 $ 30 $ 175 $ 521Sundry Expenses $ - $ - $ 425 $ 243Tax Fee - BAS $ 7 $ 12 $ 125 $ 591Telephone - Fire & Lifts $ 82 $ 132 $ - $ 174Workplace Health & Safety $ 130 $ 210 $ 50 $ - 197 $ 319 $ 550 $ 69Sub Total $ 875 764GST $ 1,325 1,216TOTAL $ 1,841 Plant Registration 14,648 $ 23,635 $ 98,272 $Per CSLE/Month $ 1,465 $ 2,363 $ 9,827 $ 136,554 16,112 $ 25,998 $ 108,099 $ 13,655 150,210 1.71 $ 1.71 $ 1.71 Budget & Lot Entitlements (2ndStg)V13(3 Stg).xlsx22/04/2014

The Body Corporate for Lime - Living Staged Sinking Fund Budget for the First 12 Months INCOME Stage 1 Stage 1 & 2 Stage 1 - 3 TOTAL REMARKS 3 Month 3 Month 6 Month REMARKSNet IncomeGST $ 6,055 $ 9,770 $ 40,625 $ 56,451GROSS INCOME $ 606 $ 977 $ 4,063 $ 5,645 EXPENSES 62,096 $ 6,661 $ 10,748 $ 44,688 $Purchase of Equipment Stage 1 Stage 1 & 2 Stage 1 - 3 COSTSub Total 347GST $ 37 $ 60 $ 250 $TOTAL $ 37 $ 60 $ 250 $ 347Per CSLE/Month $ 4$ 6$ 25 $ 35 $ 41 $ 66 $ 275 $ 382 $ 0.71 $ 0.71 $ 0.71 Budget & Lot Entitlements (2ndStg)V13(3 Stg).xlsx22/04/2014

The Body Corporate for Lime - Living Lot Entitlements and Contributions Stage 1Lot CSLE Annual Caretaking Body Corporate Utility Administration Annual Admin. Annual Sinking Fund Total Annual Levies Weekly ISLE Insurance Agreement Admin. Agreement Contract ## Fund Levy Levy (Excl. Ins) Contributions 111 97 Contributions* (Excl. Insurance) 112 97 Levy# $ 1,060.64 Contributions** $ 3,101.45 $ 59.64 113 97 513 $ 356.85 $ 1,060.64 $ 3,101.45 $ 59.64 114 103 494 $ 343.63 $ 1,060.64 $ 206.82 $ 186.00 $ 2,194.33 $ 907.12 $ 3,101.45 $ 59.64 121 99 494 $ 343.63 $ 1,126.24 $ 3,293.29 $ 63.33 122 99 550 $ 382.59 $ 1,082.50 $ 206.82 $ 186.00 $ 2,194.33 $ 907.12 $ 3,165.40 $ 60.87 123 99 507 $ 352.68 $ 1,082.50 $ 3,165.40 $ 60.87 124 100 500 $ 347.81 $ 1,082.50 $ 206.82 $ 186.00 $ 2,194.33 $ 907.12 $ 3,165.40 $ 60.87 125 90 500 $ 347.81 $ 1,093.44 $ 3,197.37 $ 61.49 131 101 519 $ 361.02 $ 984.10 $ 219.62 $ 186.00 $ 2,330.06 $ 963.23 $ 2,877.64 $ 55.34 132 101 360 $ 250.42 $ 1,104.37 $ 3,229.35 $ 62.10 133 101 513 $ 356.85 $ 1,104.37 $ 211.09 $ 186.00 $ 2,239.57 $ 925.83 $ 3,229.35 $ 62.10 134 102 507 $ 352.68 $ 1,104.37 $ 3,229.35 $ 62.10 135 91 507 $ 352.68 $ 1,115.31 $ 211.09 $ 186.00 $ 2,239.57 $ 925.83 $ 3,261.32 $ 62.72 141 103 525 $ 365.20 $ 995.03 $ 2,909.61 $ 55.95 142 103 363 $ 252.51 $ 1,126.24 $ 211.09 $ 186.00 $ 2,239.57 $ 925.83 $ 3,293.29 $ 63.33 143 103 519 $ 361.02 $ 1,126.24 $ 3,293.29 $ 63.33 144 104 513 $ 356.85 $ 1,126.24 $ 213.22 $ 186.00 $ 2,262.19 $ 935.18 $ 3,293.29 $ 63.33 145 92 513 $ 356.85 $ 1,137.18 $ 3,325.27 $ 63.95 151 106 532 $ 370.07 $ 1,005.96 $ 191.90 $ 186.00 $ 2,035.97 $ 841.66 $ 2,941.58 $ 56.57 152 105 366 $ 254.60 $ 1,159.05 $ 3,389.22 $ 65.18 153 105 525 $ 365.20 $ 1,148.11 $ 215.35 $ 186.00 $ 2,284.82 $ 944.53 $ 3,357.24 $ 64.56 154 106 519 $ 361.02 $ 1,148.11 $ 3,357.24 $ 64.56 155 93 519 $ 361.02 $ 1,159.05 $ 215.35 $ 186.00 $ 2,284.82 $ 944.53 $ 3,389.22 $ 65.18 161 108 538 $ 374.24 $ 1,016.90 $ 2,973.56 $ 57.18 162 108 369 $ 256.68 $ 1,180.91 $ 215.35 $ 186.00 $ 2,284.82 $ 944.53 $ 3,453.16 $ 66.41 163 108 532 $ 370.07 $ 1,180.91 $ 3,453.16 $ 66.41 164 128 525 $ 365.20 $ 1,180.91 $ 217.49 $ 186.00 $ 2,307.44 $ 953.88 $ 3,453.16 $ 66.41 525 $ 365.20 $ 1,399.60 $ 4,092.64 $ 78.70 738 $ 513.36 $ 194.03 $ 186.00 $ 2,058.60 $ 851.01 $ 219.62 $ 186.00 $ 2,330.06 $ 963.23 $ 219.62 $ 186.00 $ 2,330.06 $ 963.23 $ 219.62 $ 186.00 $ 2,330.06 $ 963.23 $ 221.75 $ 186.00 $ 2,352.68 $ 972.59 $ 196.16 $ 186.00 $ 2,081.22 $ 860.36 $ 226.01 $ 186.00 $ 2,397.93 $ 991.29 $ 223.88 $ 186.00 $ 2,375.30 $ 981.94 $ 223.88 $ 186.00 $ 2,375.30 $ 981.94 $ 226.01 $ 186.00 $ 2,397.93 $ 991.29 $ 198.30 $ 186.00 $ 2,103.84 $ 869.72 $ 230.28 $ 186.00 $ 2,443.17 $ 1,009.99 $ 230.28 $ 186.00 $ 2,443.17 $ 1,009.99 $ 230.28 $ 186.00 $ 2,443.17 $ 1,009.99 $ 272.92 $ 186.00 $ 2,895.61 $ 1,197.03TOTAL 2849 14085 $ 9,797.74 $ 31,152.09 $ 6,074.66 $ 64,449.91 $ 26,643.23 $ 91,093.15 28 Budget & Lot Entitlements (2ndStg)V13(3 Stg).xlsx22/04/2014Note:# The Insurance premium will be paid by the Original Owner in the first Year# # This Fee is a General Service Fee paid directly to the Billing Service providor. It is not a Body Corporate Charge and it does not include electricity usage costs.* These figures include GST and are included in the Administrative Fund Levy** This figure includes the Secretarial & fixed outlay fees only and GST, it does not include variable costs.

The Body Corporate for Lime - Living Lot Entitlements and Contributions Stage 2 Lot CSLE ISLE Annual Caretaking Body Corporate Utility Administration Annual Admin. Annual Sinking Fund Total Annual Levies WeeklyStage 1 2849 14085 Insurance Agreement Admin. Agreement Contract ## Fund Levy Levy Contributions Contributions* (Excl. Insurance) Levy# Contributions** 211 98 532 $ 370.07 $ 1,078.88 $ 210.38 $ 186.00 $ 2,233.58 $ 923.35 $ 3,156.93 $ 60.71 221 100 519 $ 361.02 $ 1,100.89 $ 214.67 $ 186.00 $ 2,279.16 $ 942.19 $ 3,221.35 $ 61.95 222 99 513 $ 356.85 $ 1,089.89 $ 212.53 $ 186.00 $ 2,256.37 $ 932.77 $ 3,189.14 $ 61.33 223 99 513 $ 356.85 $ 1,089.89 $ 212.53 $ 186.00 $ 2,256.37 $ 932.77 $ 3,189.14 $ 61.33 224 100 525 $ 365.20 $ 1,100.89 $ 214.67 $ 186.00 $ 2,279.16 $ 942.19 $ 3,221.35 $ 61.95 231 102 525 $ 365.20 $ 1,122.91 $ 218.97 $ 186.00 $ 2,324.74 $ 961.04 $ 3,285.78 $ 63.19 232 102 519 $ 361.02 $ 1,122.91 $ 218.97 $ 186.00 $ 2,324.74 $ 961.04 $ 3,285.78 $ 63.19 233 102 519 $ 361.02 $ 1,122.91 $ 218.97 $ 186.00 $ 2,324.74 $ 961.04 $ 3,285.78 $ 63.19 234 102 532 $ 370.07 $ 1,122.91 $ 218.97 $ 186.00 $ 2,324.74 $ 961.04 $ 3,285.78 $ 63.19 241 105 532 $ 370.07 $ 1,155.94 $ 225.41 $ 186.00 $ 2,393.12 $ 989.30 $ 3,382.42 $ 65.05 242 104 525 $ 365.20 $ 1,144.93 $ 223.26 $ 186.00 $ 2,370.33 $ 979.88 $ 3,350.21 $ 64.43 243 104 525 $ 365.20 $ 1,144.93 $ 223.26 $ 186.00 $ 2,370.33 $ 979.88 $ 3,350.21 $ 64.43 244 105 538 $ 374.24 $ 1,155.94 $ 225.41 $ 186.00 $ 2,393.12 $ 989.30 $ 3,382.42 $ 65.05 251 107 538 $ 374.24 $ 1,177.96 $ 229.70 $ 186.00 $ 2,438.70 $ 1,008.15 $ 3,446.85 $ 66.29 252 106 532 $ 370.07 $ 1,166.95 $ 227.55 $ 186.00 $ 2,415.91 $ 998.72 $ 3,414.63 $ 65.67 253 106 532 $ 370.07 $ 1,166.95 $ 227.55 $ 186.00 $ 2,415.91 $ 998.72 $ 3,414.63 $ 65.67 254 107 544 $ 378.41 $ 1,177.96 $ 229.70 $ 186.00 $ 2,438.70 $ 1,008.15 $ 3,446.85 $ 66.29TOTAL 4597 23048 $ 6,234.80 $ 19,243.64 $ 3,752.51 $ 39,839.73 $ 16,469.52 $ 56,309.25 17Note:# The Insurance premium will be paid by the Original Owner in the first Year# # This Fee is a General Service Fee paid directly to the Billing Service providor. It is not a Body Corporate Charge and it does not include electricity usage costs.* These figures include GST and are included in the Administrative Fund Levy** This figure includes the Secretarial & fixed outlay fees only and GST, it does not include variable costs. Budget & Lot Entitlements (2ndStg)V13(3 Stg).xlsx22/04/2014










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