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Quantity surveyors who are depreciation specialists assess, calculate and report the tax deductions a property investor can claim annually for the depreciation of their investment property. A depreciation schedule prepared by a quantity surveyor is key to ensuring you maximize the tax deductions available for your building works write off, as well as depreciation of all assets included in the property.
The qualified professional quantity surveyors are also known as Chartered Surveyor in the UK.
The duties of quantity surveyor are as follows:
1) Cost estimate, cost planning and cost management
2) Tender management including preparation of bills of quantities, contract conditions and assembly of tender documents
3) Contract management and contractual advice
4) Valuation of construction work
5) Claims and dispute management
The professional bodies for quantity surveyors are as follows:
Notable quantity surveyors
- Paul Morrell – surveyor
- Edward Skoyles – researcher and author
- Nasir Ahmad el-Rufai – Nigerian politician
- Richard Grey, 6th Earl Grey – British hereditary peer