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GQS and Little Hinges Partnership: Tax Depreciation And Quantity Surveying Get A Level Up!

June 28, 2021

GQS and Little Hinges: Virtual Tours Australia Announce Partnership Levelling Up the Tax Depreciation & Quantity Surveying Landscape and Ensuring Ultimate Credibility & Security in the event of an ATO AUDIT

National Quantity Surveying Firm GQS has announced a ground-breaking partnership with Australia’s largest 3D virtual tours company Little Hinges. The partnership allows GQS to provide fully immersive virtual tours to their property investor clients requesting either a tax depreciation schedule or practical completion / handover defect inspection. All at no extra charge. Many whom would never otherwise step foot inside their investment now have the opportunity to walk through their investment in 4k Ultra HD.

GQS and Little Hinges have partnered to leverage Little Hinges’ artificial intelligence engine to not only identify assets within the property that have accelerated depreciation opportunities, but to ensure maximum depreciation entitlements are claimed each and every time with an unrivalled quality assurance process. In the unlikely event of an ATO Audit, GQS’ clients can rest easy knowing that their tax claim is substantiated and backed by a 3D model that is as good as being there at the day of the inspection.

“We love partnering with industry-leading companies like GQS who are focused on delivering the ultimate client outcomes. Their market leading investor offering combined with our product represents a massive leap forward for the industry. Depreciation schedules, strata and defect reports are such logical use cases for our technology which is why we’re so excited about finding a partner that is ahead of the market and looking to continually innovate their services for the benefit of their clients.” – Josh Callaghan, CEO of Little Hinges

The technology is also being used to help mediate between Builder, Investor and Sales Agent with regards to building defects. GQS’ in-house licensed building inspectors can now show all related parties where defects have been identified and what areas of the property require attention prior to Handover from the Builder.

Below are basic examples showing typical Investor Stock properties and how we can identify and leverage off the scan to ensure maximum benefit and quality assurance.

Typical Investor Stock Townhouse

Typical Investor Stock Apartment

Should you have any queries in regards to this press release please contact the team at GQS on 1300 290 235.