Category Archives: Tax Depreciation Quantity Surveyors

What all things will help clients in rescuing various complicated matters in tax depreciation schedule?

On 5 July an AO decided that, as the previous diagnosis had been made seven and a half years earlier, further medical opinion should be sought. On 25 July DSS asked a consultant (to whom I refer as consultant W) at the hospital to examine Mr G.On 13 October consultant W did that and reported that Mr G related the start of his problem back to an incident in 1979 when he had been working as a welder and had experienced a sudden onset of pain in his right elbow while carrying cables.

Consultant W said that he had seen Mr G in the hospital’s orthopaedic clinic in January 1988 and that his continuing symptoms were mainly due to tennis elbow rather than tenosynovitis. Consultant W said that in his experience tennis elbow was not normally precipitated by one particular incident, although the symptoms might have been aggravated by the heavy work that Mr G had to do. Following receipt of that decision Mr G wrote to DSS asking them to explain the medical report made by consultant W, with specific reference to what was wrong with his elbow and forearm.

He also asked for an explanation of how the decision had been made. He complained that DSS were discriminating against him Depreciation Schedule Ato. He spoke of an accident he had suffered while working as a welder and of the industrial injury he had sustained. He said that if he could not claim IIDB in respect of a PID, then surely he could claim for an IA. On 24 January DSS wrote to the solicitors addressing the questions that Mr G had asked.

DSS said that they were not authorised to disclose information about the medical report, but they undertook to refer Mr G’s request to a senior medical officer. They gave details of the conditions for payment of IIDB in respect of an IA. Those included the need to establish that there had been an event or occurrence which was capable of being described as an accident, and that the claimant has suffered personal injury as a result of the IA. On 9 February the solicitors wrote to DSS saying that Mr G wished to appeal to an AMA.

Who will handle the major steps in the TDS process with the help from the experts?

The importance of having component ratings as well as an overall performance rating was mentioned in several replies.A single rating was not sufficiently transparent to identify where changes could be made to improve the design.It was suggested that design targets (W/m2) for heating, cooling, fans, lights etc should be defined to support the EPIM.If energy labelling was introduced to inform specifiers, then it was suggested that product certification would be an important parallel initiative.It was suggested that as Rental Property Depreciation well as energy efficiency and CO2 implications, the requirements for boilers (and CHP engines) should consider limiting NOx emissions.

In a similar way, it was suggested that air conditioning requirements should cover the choice of refrigerant gas.One response suggested that it should be a requirement to demonstrate that the alternatives to air conditioning had been properly evaluated before permitting its inclusion in a building.Another suggested that much better guidance was needed on energy efficient controls, and that BRE in conjunction with the manufacturers should produce a good practice guide.There are cases where such ventilation systems have relatively few winter run hours, or they are only localised rather (e.g. industrial ventilators) where the cost would be prohibitive etc.

This could result in the increased fan and or pump power more than offsetting the energy recovered, particularly after accounting for the carbon intensity ratio of electrical to thermal energy.With respect to improved controls requirements, one point that was made is that if insulation standards improve, control of heating in different zones becomes less important.

The main concern with individual room control is that if TRV’s were fitted to all radiators, it could result in inefficient boiler operation.The application of lighting standards in dwellings was seen by many as impractical, and an unacceptable restriction on choice.
It was generally agreed that simple elemental methods were necessary in the domestic sector, although some felt they should be abolished in the non-domestic sector.

What is the role of licensed depreciator in process of tax depreciation schedule?

This means that for a period the majority of authorities will receive an allowance slightly lower than their target in order to fund protection for the remainder. When taken together with the previously announced 6% real national increases in the allowances for those years, the majority of authorities will, however, see increases in their allowances per dwelling.

However, well-maintained common areas and facilities contribute to sustainable communities which tenants want to live in – essential to both tenants and landlords. ODPM therefore proposes that the distribution of management and maintenance allowances should continue to take into account the revenue costs of clean, secure, well-managed and well-maintained communal spaces, both internal and external.

Please see the more detailed technical document, Revised Formulae for the Allocation of Management and Maintenance Allowances within HRA Subsidy, for a precise list of the estate management activities included within the new allowances and Depreciation Schedule. Given the lack of common approach and the potential grey areas involved, Ministers propose to leave it to an authority’s discretion whether to charge separately for estates management services.

Ministers may wish to revisit policy on local authority service charges and their relationship with management and maintenance allowances in light of evidence from the three year review. With the introduction of rent restructuring and associated subsidy changes, this relationship was broken. For 2003-2004, the national average management and maintenance allowances per dwelling were uplifted by 3.4% and 1% respectively in real terms, in addition to 2.25% to allow for inflation and by 2.3% to take account of the resource implications of moving guideline rents towards formula rents.

What can one expect in the report of tax depreciation schedule?

Some associations do not log lettings in CORE as nominations because they do not come through a local authority traditional nomination process. Associations also often have the administrative capability to help with schemes such as tenancy deposits for access to private sector homes and mediation and advice. Possession orders sought by all social landlords are on the rise, after a brief period of levelling, and evictions by housing associations were 6.7 per 1,000 tenancies last year. The ODPM has estimated that 36% of all homes with two or more bedrooms are under-occupied according to the bedroom standard16, and that 12% are found in social housing. It can be difficult to incentivise residents to move in order to use larger homes as part of a strategy to tackle homelessness.

Many associations have incentive schemes that offer inducements to persuade tenants to move, and while they might have limited success, such measures are important. tenants finds the prospect of lower rents in a different home an incentive to move out of larger homes. It is possible, however, that where associations have implemented policies for making all new lettings on full-formula rents, this could be a disincentive for transfers and exchanges.

This will mean associations working with local authorities to implement crosssectoral strategies embracing both private and social housing stock, investment property depreciation prioritising more clearly to achieve a balance between responding to priority need and achieving mixed and sustainable communities. We refer above17 to how we are addressing the problem of effective housing management and strategic engagement for associations that have small numbers of stock scattered in isolation across different areas.

We want to see whether rationalization measures such as transfer 16As defined in Government Social Survey, 1960 17See section on Local partnerships 33 of ownership or agreements to deliver management services by the local largest social landlord will contribute to better asset management and effective service delivery. We want to understand better how and to what extent LSVTs use some of their stock to house people on the waiting list. The data collected by both the ODPM and the Corporation on temporary tenancies in association stock are limited. The Corporation’s National Investment Policy18 is informed by two driving forces: the Government’s action programme19 and the Corporation’s corporate plan.